EIB financing in Asia
The EIB is the bank of the European Union. Founded in 1958 under the Treaty of Rome, it operates in the 28 EU Member States and more than 160 other countries. In 2016, the EIB Group signed loans totalling EUR 84 billion, with 94% of its financing for projects within the Member States, EFTA and Enlargement countries. Outside the EU, the Bank supports projects that contribute to economic development in countries that have signed association or cooperation agreements with the EU or its Member States. It does so at own risk to its balance sheet, using budgetary guarantees provided by Member States or under mandates from the European Parliament and Council of the European Union. It is the largest supranational borrower and lender in the world and the only international financial institution politically accountable to EU policymakers and institutions. This factsheet is one of a series covering regions of the world where the EIB is active.
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