EIB Annual Report 1995 The European Investment Bank (EIB), the European Union's financing institution, has published its Annual Report for 1995. The EIB provides long-term finance for sound investment which furthers the objectives of the EU. In 1995, a total of ECU 21.5 billion was lent by the EIB ... The European Investment Bank (EIB), the European Union's financing institution, has published its Annual Report for 1995. The EIB provides long-term finance for sound investment which furthers the objectives of the EU. In 1995, a total of ECU 21.5 billion was lent by the EIB for infrastructure projects as well as promoting new investment in industry and the service sector. Around 200 major capital projects and investment programmes were part-financed by the EIB in the Member States during 1995. Major EU priority policies, including the trans-European networks (TENs) and financing of SMEs, have been supported by the EIB during 1995. In particular, the EIB is committed to supporting 17 of the 24 priority TENs identified by the Essen European Council in 1994. The EIB also supports the EU's aid and cooperation policies through long-term lending. During 1995, ECU 2.8 billion was loaned to 60 third countries by the EIB. Projects supported include those aimed at supporting peace in the Middle East and the redevelopment of South Africa. In addition to the Annual Report, the EIB has also published a number of brochures outlining particular areas of its activities, and evaluating past projects. A quarterly newsletter "EIB Information" is also available, giving details of the EIB's most recent activities.
