EIB planning to launch new development bank

European Investment Bank EIB sign from their media gallery 230x150.jpg
By GlobalCapital
09 May 2019

The European Investment Bank is preparing to launch a new entity — potentially called the European Bank for Sustainable Development — that will focus on sustainable projects outside the EU, GlobalCapital understands.

The European Investment Bank (EIB) is engaged in talks to transfer all its non-EU business to a new entity that will focus on sustainable projects, with an aim to be up and running as early as 2020, GlobalCapital's sister newspaper GlobalMarkets has learned.

It is understood that the idea for the ...

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