1. European Investment Bank
EUROPEAN INVESTMENT BANK Municipal Finance Goetz von Thadden – Head of Office Romania
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European Investment Bank

2. European Investment Bank
The European Investment Bank (EIB) Long-term Finance Promoting European Objectives
Created by the Treaty of Rome in 1958
Subscribed capital EUR 165bn by 27 EU Member States
Operates in
EU Member, Accession and Candidate States
New Neighbourhood and Mediterranean Partner Countries
African, Caribbean and Pacific States
Asia and Latin America
Lending in 2007: EUR 41.4 bn (EUR 35.0 bn within the EU-27)
EU Policy-driven Bank, including
EU Transport Policy, in particular Trans-European Networks
Economic and Social Cohesion within the EU
Environmental protection and improvement
15 years of activity in Romania with lending of EUR 5bn +
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European Investment Bank

3. EIB Approach to Urban Regeneration
An integrative approach, covering:
- urban renewal (and development):
infrastructure & environmental
social housing
cultural heritage, etc.
- urban transport;
- related public services infrastructure (health, education, water & wastewater, utilities);
- energy efficiency.
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European Investment Bank

4. EIB Products for Urban Projects
Individual projects: major infrastructures, rail transport, cultural heritage…
Programmes: Multi-sector municipal investment, social housing, public transport…
Participation in investment funds (SFF)
JESSICA
JASPERS
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European Investment Bank

5. European Investment Bank
Benefits of an EIB Loan
Benefits of low cost of funding passed on to clients:
Large amounts
Broad range of currencies
Long maturities
Attractive interest rates
Catalytic effect on participation of other banking or financial partners
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European Investment Bank

6. European Investment Bank
Value Added
Value-Added of the Bank’s lending activities:
Support for EU priority objectives
Project quality and soundness
Financial benefits of EIB funds
Technical assistance
Project assessment
Project assessment may include detailed impact assessment outside Europe
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European Investment Bank

7. Innovative Facilities
Initiatives with the European Commission:
RSFF – Risk-Sharing Finance Facility for higher-risk promoters
JASPERS – Joint Assistance to Support Projects in European Regions to prepare projects supported by EU Structural and Cohesion Funds
JEREMIE – Joint European Resources for Micro-to-Medium Enterprises in the regions to encourage more business start-ups and new ventures. Managed by the EIF
JESSICA – Joint European Support for Sustainable Investment in City Areas for investment in sustainable urban development
More information on most of these can be found by clicking on the links leading to the EIB website.
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European Investment Bank

8. European Investment Bank
Selected Projects
EUR 500m EU Cohesion Fund Co-Financing (under appraisal)
EUR 25m Cluj/Salaj Cassa Water Project (under appraisal)
EUR 20m Oradea Urban Transport (approved)
EUR 250m Motorway Cernovoda-Constanta (signed)
EUR 370m Bucharest Metro Line 5 (approved)
EUR 40m Sibiu Airport (approved)
EUR 30m BRD SME Financing (signed)
TENs Risk Capital Facility: lent either directly to specific small-scale projects or via specialised venture capital companies which can inject equity into transport infrastructure. This is currently under discussion.
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European Investment Bank

9. European Investment Bank
For more information…
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Fax:
12/11/2018
European Investment Bank