EIB has EUR 500B of capital, invests about 80B/year, and makes about 2B/year profit [0]. European states buy EIB bonds which pay interest [1]. This new 70B wi

EIB has EUR 500B of capital, invests about 80B/year, and makes about 2B/year profit [0]. European states buy EIB bonds which pay interest [1]. This new 70B will come from bonds sold to EU member states. The states need to approve purchasing the bonds. EIB earns about 3% profit. Private banks earn about twice that [2]. EIB is a non-profit organization. EIB makes about 10% of its loans outside of the EU. [0] https://www.eib.org/attachments/lucalli/20240237_070525_financial_report_2024_en.pdf https://www.eib.org/attachments/lucalli/20240237_070525_fina... [1] https://en.wikipedia.org/wiki/European_Investment_Bank#Funding_sources https://en.wikipedia.org/wiki/European_Investment_Bank#Fundi... [2] https://www.bankingsupervision.europa.eu/press/speeches/date/2024/html/ssm.sp241016~c532e5246d.en.html https://www.bankingsupervision.europa.eu/press/speeches/date...