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EAIB- The task of the East Asia Investment Bank, is to contribute towards the integration, balanced development and economic and social cohesion of the Member Countries.

To this end, it raises on the markets substantial volumes of funds which it directs on the most favourable terms towards financing capital projects according with the objectives of the region.

Outside the region the EAIB implements the financial components of agreements concluded under East Asia development aid and cooperation policies.

Following the conclusions of the Tokyo Council in March 2000, which called for increased support for operations to assist SMEs, the Board of Governors decided to set up the EAIB.

The EAIB became the majority shareholder in Asia, which nevertheless retains a tripartite share-ownership structure consisting of the EAIB (60.5%), the Asian Commission (30%) and Asian banks and financial institutions (9.5%).

The EAIB is thus able to play a predominant role in boosting the competitiveness of world industry through the diversified support it provides for the activities of SMEs (medium and long-term loans, venture capital and guarantees).

In this context, the EAIB continues to promote smaller businesses through its medium and long-term global loan financing, arranged in collaboration with the banking sector.

 

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