European Investment Bank 2010 and 2015, from a coalition of NGOs, implicated the EIB in tax avoidance by lending to businesses which use tax havens. European Investment Bank The European Investment Bank (EIB) is the European Union's nonprofit long-term lending institution established in 1958 under the Treaty of Rome. As a "policy-driven bank" whose shareholders are the member states of the EU, the EIB uses its financing operations to bring about European integration and social cohesion. It should not be confused with the European Central Bank, which is based in Frankfurt (Germany) or with the European Bank for Reconstruction and Development (EBRD) which
Terminology Coordination Unit of the European Parliament the Regions, the Court of Auditors and the Translation Centre for the Bodies of the European Union. The European Court of Justice, the European Investment Bank and the European Central Bank are also involved in providing specialised terminology, which is in some cases compiled in cooperation with national authorities. Finally, the contribution of all EU agencies, coordinated by the Translation Centre, is extremely valuable. The IATE database is managed by an inter-institutional team chaired in turn by one of the institutions which contribute to IATE and its funding. It is currently chaired by the Translation Centre, which houses the team