An exceptional response for exceptional times: our 2013-2015 strategy

Each year we update our rolling three year operational strategy and we have set ambitious lending targets in response to the crisis. The EUR 10bn capital increase agreed by our shareholders, the EU Member States, will allow EUR 60bn additional lending in the EU over the next three years. This will be targeted at four priority areas: innovation and skills; access to finance for smaller businesses; resource efficiency and strategic infrastructure.

Stepping up support

Overall, we are planning to significantly step up our support and bring annual lending volumes to EUR 65-70bn between 2013-2015. Our funding will remain focused on growth and employment, economic and social cohesion and environmental sustainability. Around 90% will be invested in the EU. The EIB, together with the European Investment Fund – the specialist arm providing SME risk finance, will strive to expand its support for SMEs in Europe even further and broaden the range of its distribution channels and products.

Doing more, doing better

We will do more and do it better. This includes adapting our activities to better serve new and existing clients and developing new products to address market gaps. Enhanced cooperation with the Member States and the European Commission will help maximise value for money.

Underpinning EU policy outside the EU

Outside the Union, we will continue to underpin the EU’s foreign policy goals. Signatures will remain at EUR 6bn per year and will be supporting local private sector development, social and economic infrastructure, climate action projects and foreign direct investment. Continued blending of EIB, EU and other funding will be prioritised.