Definition, Meaning & Synonyms

eib

Noun

/eɪ b/

Definition

EIB stands for the European Investment Bank, which is the European Union’s bank and aims to finance projects that further EU policy objectives.

Examples

The EIB plays a crucial role in Europe’s economic development by funding innovative projects.
Many countries apply for funding from the EIB to initiate green energy projects.
Understanding the function of the EIB can help businesses navigate EU funding opportunities.

Meaning

The EIB provides financial support to various sectors including infrastructure, climate action, and innovation, targeting sustainable growth across member states.