Providing finance and expertise for sound and sustainable investment - - PowerPoint PPT Presentation

European Investment Bank

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Providing finance and expertise for sound and sustainable investment projects

Brussels Round Table 12 November 2015 – EU Industry and Monetary Policy

• G. Bichisao

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The EU Bank – a valuable franchise

• Providing finance and expertise for sound and sustainable investment

projects.

• Natural partner for the EU institutions since 1958
• Largest multilateral lender and borrower with a total headcount of only

2 277 people at end-2014.

• As the ‘EU Bank’ -> focused on viable projects within all Member States of

the EU. Catalyze private investment in the EU.

• Supporting EU policy outside the EU
• Key products:

Loans Guarantees Risk Sharing /Credit Enhancement Advisory Services

Higher Risk Capital & Enhancement Mandates managed by EIF

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Lending priorities

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EIB Group lending in 2014

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2014 Borrowing activity

EUR 61.6bn: distribution of EIB bond issues by region

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Risk considerations

• EIB continues to receive the highest credit rating

afforded by the rating agencies - highly valuable feature of EIB’s business model.

• The Bank’s commitment to maintaining its high

credit standing remains uncompromising.

• New lending opportunities constantly reviewed so as

to optimise the EIB’s volume-risk trade-off and value-added to the markets.

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EIB Group track record: almost EUR 500bn lent since 2008

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Delivering on the capital increase

180 billion mobilised by March 2015, ahead of December 2015 target

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Market Challenges

The market conditions for implementation of the Bank’s lending programme continue to present significant challenges including: (1) scarce project generation capacity in the public and private sectors and a low level of borrowing capacity at sovereign/sub-sovereign level in some countries; (2)identification of eligible investment projects; and (3)while market liquidity is available risk bearing capacity of the financial sector remains often the binding constraint to be

• vercome

Bank continues to proactively respond to the above challenges …

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EIB Group response

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European Fund for Strategic Investments

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Mobilising new investment

EFSI EIB Group

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Looking forward

From crisis recovery to relaunching competitiveness through investment and innovation. European Fund for Strategic Investments (EFSI) will mobilise EUR 315 billion of total investment for Europe. Unprecedented challenges ahead which require a quantum change in the Bank’s business profile

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Q&A