The EIB provides loans of approximately four to twenty years, depending on the life of the assets to be financed. The EIB does not publish information on the financing conditions of its loans, such as maturity, interest rates and additional time. This information is generally part of the EIB`s confidential relationships with its trading partners. – venture capital and microfinance for SMEs, in particular new and innovative enterprises – guarantees granted to financial institutions to cover loans to SMEs – assistance to EU countries and EU accession countries to develop their venture capital markets An EIB approved lending mechanism can be used in several tranches according to the needs of borrowers. The maturity, repayment terms and amortization profile of each draw can be chosen by the borrower at the time of disbursement, making it easier to actively manage cash. Wallenstam has signed a 2.5 billion Swedish kronor loan agreement with the European Investment Bank (EIB) to support the construction of sustainable housing, which Sweden considers a « virtually zero energy building ». EIB funding is supported by the European Fund for Strategic Investments (EFSI), the main pillar of the investment plan for Europe. Thanks to its investments, the group now has more than 18,800 mobile sites throughout France and offers 97.8% of the French population to 4G coverage. The European Investment Bank (EIB) is the Bank of the European Union; the only bank owned and representing the Member States of the European Union.
It works closely with other EU institutions to implement EU policies and is the world`s largest multilateral borrower and lender. The EIB provides funding and expertise for sustainable investment projects that contribute to the EU`s policy objectives. More than 90% of its business is present in Europe. The Bank takes money from the capital markets and attributes it to favourable conditions for projects that support the EU`s objectives. About 90% of loans are made within the EU. No money comes from the EU budget. In addition to fixed interest rates, the EIB may also offer adjustable and convertible interest rates that allow interest rate formula to be changed over the life of the loan on pre-defined dates or periods.