Editing European Investment Bank (section)

== Financial products and services ==
The EIB lends to both the private and the public sector through various financial products: Financing is the Bank's main activity, it also provides guidance on how to utilise additional sources of investment.<ref>{{Cite web|title=ELTI aisbl / European Long-Term Investors – European Investment Bank (EIB) – Permanent Observer|url=https://www.eltia.eu/about/all-members/219-permanentobserver|access-date=2021-04-28|website=www.eltia.eu|archive-date=8 April 2022|archive-url=https://web.archive.org/web/20220408122158/https://www.eltia.eu/about/all-members/219-permanentobserver|url-status=dead}}</ref>

=== Loans ===
The European Investment Bank provides long-term [[loan]]s, typically up to 50% of a project's overall cost, for the public and the private sector, and for small and medium-sized businesses through intermediated lending partners.<ref>{{Cite web|title=Financial Instruments|url=https://aecm.eu/guarantees/financial-instruments/|access-date=2021-04-28|publisher=AECM|language=en-GB}}</ref> The EIB's private sector financing of single large investment projects or investment programmes start from €25 million. It offers framework loans starting from €100 million to public sector entities for investment programmes that consist of a number of smaller projects. Loans for both private and public sector projects have to be aligned with one or more priorities of the EIB. Besides direct debt financing or project finance for the private sector, the EIB makes loans to intermediaries including [[Groupe BPCE]] (France), [[Deutsche Bank|Deutsche Bank AG]] (Germany), or [[Intesa Sanpaolo]] (Italy) that provide small and medium-sized businesses with local and targeted funds up to €12.5 million and below the EIB's threshold for direct private financing of €25 million.<ref>{{Cite web|title=Financial intermediaries|url=https://www.eib.org/intermediarieslist/search/result?country|access-date=2021-04-28|website=www.eib.org}}</ref><ref>{{Cite web|title=The European Investment Bank: supporting the circular transition with awareness building, advisory and financing » Circular City Funding Guide|url=https://www.circularcityfundingguide.eu/case-studies/the-european-investment-bank-supporting-the-circular-transition-with-awareness-building-advisory-and-financing/|access-date=2021-04-28|website=Circular City Funding Guide|language=en-US}}</ref>

=== Equity ===
The European Investment Bank invests and co-invests in companies and funds that focus on infrastructure, environment, or small- and medium-sized enterprises and mid-size corporations in exchange for equity which allows companies to raise capital by selling shares for short term costs or to achieve long-term financial goals.<ref>{{Cite web|last=Banton|first=Caroline|title=How Equity Financing Works|url=https://www.investopedia.com/terms/e/equityfinancing.asp|access-date=2021-04-28|website=Investopedia|language=en}}</ref> In some cases, the EIB provides direct quasi-equity financing to support companies aiming for financing to grow which involves [[venture debt]] products for European companies in the field of [[Biotechnology|biotech]] and [[List of life sciences|life sciences]], [[software]] and [[Information and communications technology|ICT]], [[engineering]] and [[automation]], [[Renewable energy|renewables]] and [[clean technology]].<ref name="Equity">{{Cite web|title=Equity|url=https://www.eib.org/en/products/equity/index.htm|access-date=2021-04-28|website=EIB.org|language=en}}</ref> These investments, which are a relatively recent addition to the bank's work, tend to be smaller than its previous limits on the size of its deals, because they are aimed at startups and growth companies. The [[European Investment Fund]] (EIF) supports the EIB by working with SMEs and related financial partners (Banks, guarantee, leasing and microfinance institutions, private equity and venture capital funds etc.).<ref>{{Cite web|title=What we do|url=https://www.eif.org/what_we_do/index.htm|access-date=2021-04-28|website=www.eif.org}}</ref>

The EIB's investments in equity and debt funds usually cover 10% to 20% of the fund size (with a maximum of 25%) and address climate action, infrastructure, or private sector development and social impact goals.<ref name="Equity"/>

=== Guarantees ===
The EIB provides [[credit enhancement]] of [[senior debt]] using [[Subordination (finance)|subordinated financing]], funded or unfunded [[Loan guarantee|guarantees]] and contingent credit lines.<ref>{{Cite web|title=Guarantees|url=https://www.eib.org/en/products/guarantees/index.htm|access-date=2021-04-28|website=EIB.org}}</ref> [[Credit enhancement]] is the process of improving a company's creditworthiness by taking internal and external measures.<ref>{{Cite web|date=2019-11-23|title=Credit Enhancement (Definition, Examples) {{!}} Types of Credit Enhancement|url=https://www.wallstreetmojo.com/credit-enhancement/|access-date=2021-04-28|website=WallStreetMojo|language=en-US}}</ref> The EIB increases the protection of the senior debt, enhances the credit rating and credit quality for [[project finance]] and aims to help projects attract further private finance from institutional investors.<ref>{{Cite web|title=Credit enhancement for project finance|url=https://www.eib.org/en/products/guarantees/credit-enhancement.htm|access-date=2021-04-28|website=EIB.org}}</ref> By offering guarantees to small and medium-sized enterprises or [[Market capitalization|mid-caps]], the Bank covers a portion of possible losses from a portfolio of loans and sets the ground for additional financing. A [[Loan guarantee|guarantee]] is a legal contract with which a third party (guarantor) promises to assume a borrower's debt or other liabilities in the event of [[Default (finance)|default]].<ref>{{Cite web|title=Guarantees in support of SMEs and mid-caps and other objectives|url=https://www.eib.org/en/products/guarantees/sme-mid-cap-guarantees.htm|access-date=2021-04-28|website=EIB.org}}</ref>

=== Advisory services and technical assistance ===
The European Investment Bank's advisory services are carried out by the European Advisory Hub and are available for public and private projects inside as well as outside the European Union.<ref>{{Cite web|title=Advisory Hub|url=https://eiah.eib.org/|access-date=2021-04-28|website=eiah}}</ref> Besides advice on specific investment mechanisms or market development, the services can involve strategic and technical guidance on completing a project. Prior to a funding agreement with the EIB or other investors, future clients can make use of the bank's expertise in the fields of financial structuring, procurement and regulation, or impact assessment, e.g. regarding a project's implications on climate change. It does not offer advice related to the purchase or sale of securities or any advisory services regarding project evaluation and audit.<ref name=":9"/><ref>{{Cite web|title=Services|url=https://advisory.eib.org/about/services|access-date=2024-11-13|website=advisory.eib.org}}</ref>

==== fi-compass ====

fi-compass<ref>{{Cite web|title=About fi-compass|url=https://www.fi-compass.eu/about-fi-compass|access-date=2024-11-13|website=fi-compass.eu}}</ref> is a comprehensive advisory service platform developed by the European Commission<ref>{{Cite web|title=Funding for public bodies|url=https://commission.europa.eu/funding-tenders/how-apply/eligibility-who-can-get-funding/funding-opportunities-public-bodies_en|access-date=2024-11-13|website=commission.europa.eu}}</ref><ref>{{Cite web|title=Funding for cities|url=https://commission.europa.eu/eu-regional-and-urban-development/topics/cities-and-urban-development/funding-cities_en|access-date=2024-11-13|website=commission.europa.eu}}</ref> and the European Investment Bank (EIB) Group. It supports EU shared management managing authorities and other stakeholders by providing practical know-how and learning tools on financial instruments across the Union.
Financial instruments co-funded by EU shared management funds, such as loans, guarantees, and equity investments, are efficient ways to invest in growth and development across the European Union. These instruments leverage public funding to attract additional private investments, contributing to EU policy objectives like economic growth, job creation, and social cohesion.
fi-compass offers tailored advice on using financial instruments under various EU shared management funds, including the [[European Regional Development Fund]] (ERDF), the [[European Agricultural Fund for Rural Development]] (EAFRD), the [[European Social Fund Plus]] (ESF+), the [[European Maritime, Fisheries and Aquaculture Fund]] (EMFAF), and the [[Asylum, Migration and Integration Fund]] (AMIF). <ref>{{Cite web|title=fi-compass video|url=https://www.eib.org/en/videos/fi-compass|access-date=2024-11-13|website=eib.org}}</ref>

=== Mandates and partnerships ===
Apart from financing projects using its own resources, the European Investment Bank establishes mandates and partnerships which help to fund riskier projects and to blend loans with [[Grant (money)|grants]]; which are disbursed funds or products that do not require repayment. Mandates can also involve financial investment and can be based on technical and financial advice.<ref name="Mandates and Partnerships">{{Cite web|title=Mandates and Partnerships|url=https://www.eib.org/en/products/mandates-partnerships/index.htm|access-date=2021-04-28|website=EIB.org|language=en}}</ref>

The EIB has partnerships with organisations across the world, including the [[European Commission]] and [[European External Action Service]], the [[United Nations]] (e.g. [[Sustainable Energy for All]]) or the [[International Fund for Agricultural Development]].<ref name="Mandates and Partnerships"/>