European Investment Bank (EIB)
The European Investment Bank is the lending arm of the European Union, owned by the 27 EU member states; the EIB Group signed €100 billion of new financing in 2025 (EIB). Its Board of Governors sets general directives, a Board of Directors handles strategy, and a nine-member Management Committee chaired by President Nadia Calviño runs it day to day. The UK left as a shareholder when it left the EU; under the Withdrawal Agreement its paid-in capital is being returned in yearly instalments.
Who leads it
- President (and Chair of the Board of Directors): Nadia Calviño (since 1 January 2024) (eib.org)
The UK and the EIB
The UK is no longer a shareholder. Under Article 150 of the Withdrawal Agreement the EIB repays the UK's share of paid-in capital (€3.5 billion) in 12 yearly instalments of €300 million each 15 October from 2020, with the balance due on 15 October 2031; the UK stays liable for EIB operations approved before withdrawal. HM Treasury values that remote contingent liability at £32.6 billion at 31 March 2026.
Key figures
| Figure | Value | Source |
|---|---|---|
| EIB Group new financing signed (2025) | €100 billion | EIB, read 20 October 2026 |
| EIB lending signatures (2025) | €86 billion | EIB, read 20 October 2026 |
| Energy security financing (2025) | €11.6 billion | EIB, read 20 October 2026 |
| Finance for Ukraine (2025 / cumulative) | €1.5 billion in 2025; more than €4 billion since the start of the war | EIB, read 20 October 2026 |
| Shareholders (as stated when read) | 27 EU member states | EIB, read 20 October 2026 |
| UK share of EIB paid-in capital being repaid (from 15 October 2020 to 15 October 2031) | €3.5 billion, in 12 annual instalments | HM Treasury (EU Finances Statement 2024), read 20 October 2026 |
| Annual instalment to the UK (each 15 October) | €300 million (balance of €195,903,950 due 15 October 2031) | Withdrawal Agreement, Article 150 (legislation.gov.uk), read 20 October 2026 |
| UK remote contingent liability to the EIB (31 March 2026) | £32.6 billion (2024-25: £31.1 billion) | HM Treasury, read 20 October 2026 |
| HM Treasury estimate of remaining Article 150 receipts (31 March 2026) | £1.3 billion (2024-25: £1.5 billion) | HM Treasury, read 20 October 2026 |
What it decides
- Board of Governors determines the general directives of the EIB; Board of Directors is responsible for strategic management; Management Committee runs day-to-day business; Audit Committee checks operations (EIB statutory bodies).
- Each member state's share of capital reflects its economic weight (GDP) in the EU when it joined.
- Under its Statute the Bank may have loans outstanding of up to two and a half times its subscribed capital.
- Management Committee members are appointed by the Board of Governors on a proposal from the Board of Directors for renewable six-year terms.
Records you can check
- EIB key figures and financial reportAnnual lending signatures and the audited financial statements
- EIB project listEvery project financed, by country and sector
- Withdrawal Agreement, Article 150UK liability for EIB operations and repayment of UK paid-in capital
- EU Finances Statement (HM Treasury)Yearly report of payments to and from the EU under the Withdrawal Agreement, including EIB capital returns
Common questions
Is the UK still in the European Investment Bank?
No. The EIB's shareholders are the 27 EU member states. Under Article 150 of the Withdrawal Agreement the UK is being repaid its share of paid-in capital and remains liable for operations approved before it left.
How much money is the EIB returning to the UK?
€3.5 billion of paid-in capital, in 12 yearly instalments: €300 million each 15 October from 2020, with a final €195,903,950 on 15 October 2031 (Withdrawal Agreement; HM Treasury EU Finances Statement 2024).
How much is the UK still liable for at the EIB?
HM Treasury values the remote contingent liability at £32.6 billion at 31 March 2026. It would only be called if the EIB's losses exceeded its paid-in capital.
How much does the EIB lend?
The EIB Group signed €100 billion of new financing in 2025; the Bank's own lending signatures were €86 billion (EIB).
Who runs the EIB?
President Nadia Calviño, since 1 January 2024. She chairs the Board of Directors and the Management Committee (EIB).
Other bodies at level 9
- African Development Bank
- Asian Development Bank
- Asian Infrastructure Investment Bank
- Bank for International Settlements
- Basel Committee on Banking Supervision
- European Bank for Reconstruction and Development
- Financial Stability Board
- International Monetary Fund
- Paris Club
- World Bank Group
Sources
- EIB: About, read 16 October 2026
- EIB: Shareholders, read 20 October 2026
- EIB: Key figures, read 20 October 2026
- EIB: Statutory bodies, read 20 October 2026
- EIB: Management Committee, read 20 October 2026
- Nadia Calviño takes over as EIB President, read 20 October 2026
- Withdrawal Agreement, Article 150, read 20 October 2026
- European Union Finances Statement 2024, read 20 October 2026
- HM Treasury Annual Report and Accounts, year to 31 March 2026, read 20 October 2026
- EIB: Contact, read 20 October 2026