Overview
We started operations in this region in 1977 supporting the reconstruction and upgrade of public infrastructure. In the last decade we have expanded our work to other sectors and contributed to strengthen regional cooperation, as well as the economic convergence with the EU.
Under the Growth Plan for the Western Balkans we work closely with the European Commission, blending our loans with EU grants to achieve an optimal financing package.
Our current role is to support:
Our activity in 2023
In line with the Global Gateway objectives, EIB invested €1.2 billion in the Western Balkans in 2023, aiming to mobilise over €6 billion of new investments in the region.
This will accelerate connectivity, energy transition and growth of small and medium businesses, in line with EU priorities.
Country overview
Find an overview of our impact by country.
*This designation is without prejudice to the positions expressed by the EU Member States on Kosovo’s status and is in line with United Nations Security Council Resolution No. 1244/1999 and the International Court of Justice Opinion of 22 July 2010 on Kosovo’s declaration of independence.
Our stories in the region
We support projects that improve lives all over the world. Watch our videos and read our stories on how our work improves the quality of life in the region.
What we offer
We offer a broad range of financial products and advisory services for public and private project to enhance growth and development in the region.
We work on several investment initiatives to maximise our local impact:
Urban Projects Finance Initiative
UPFI supports project promoters to prepare and finance urban development projects.
European Fund for Sustainable Development (EFSD) Guarantee
EFSD Guarantee is tailored to crowd in private investors, where viable business proposals meet social needs, and where limited public funds can attract private money.
Economic Resilience Initiative (ERI)
ERI creates jobs and economic growth in the region by investing in key infrastructure and in private sector development. It also may help migration flows.
We work with donors to create trust funds and thus provide more in-depth support for local projects through technical assistance, grants and loan guarantees.
City Climate Finance Gap Fund
This fund offers technical and advisory services for climate action projects and supports cities in developing and emerging economies.
Economic Resilience Initiative Fund
This fund supports resilient and inclusive growth in the region.
Financial Inclusion Fund
It aims to improve access to finance for small businesses and entrepreneurs in developing countries.
Green Hydrogen Fund
This trust fund provides strategic advice and capacity building to developing countries to help them prepare for decarbonising the industry sector through green hydrogen.
Eastern Partnership Technical Assistance Trust Fund
The trust fund finances technical assistance and capacity-building programmes in the Eastern Partnership countries.
Water Sector Fund
This fund aims to support the development of water projects in low- and lower-middle income countries.
Luxembourg-EIB Climate Finance Platform
The platform supports investment in international climate finance, focusing on climate change mitigation and adaptation.
Our partnerships
We work closely with the European Union and development partners to mobilise more development and climate finance, and to enhance our impact.
We are the European Union’s international development bank. We promote the EU's principles, values and objectives and contribute to stable growth in countries beyond Europe’s borders.
Global Gateway
As part of Team Europe we are supporting Global Gateway, a new European strategy to invest in sustainable, high-quality projects around the world that are good for people and the planet.
Under Global Gateway, EIB Global is tackling some of today’s most pressing challenges, from fighting climate change to accelerating the digital transition. EIB Global is well on track to facilitate at least a third of the €300 billion of investment that Global Gateway aims to mobilise by 2027.
This will help support projects that are focused on digitalisation, tackling climate change, clean energy, healthcare, education, as well as transport.
Team Europe
As part of Team Europe, the EIB has increased its development finance, especially in response to the COVID-19 pandemic. Team Europe is a global recovery package that combines resources from the European Union, Member States, and the EIB, and supports the most vulnerable countries and people most at risk around the world.
In line with Team Europe initiatives, our projects in the region are aimed at achieving the UN Sustainable Development Goals.
To tackle challenges in the region, we work with various United Nations agencies and international financial institutions, such as the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the French Agency for Development (AFD), the German Development Bank (KfW) and the World Bank.
Our initiatives with these partners in the region include, among others, the Western Balkans Investment Framework (WBIF), and the Mutual Reliance Initiative (MRI).
Our projects
We have financed projects that have had a positive impact on the lives of people in the region.
Contact us
Local authority or large corporate
Contact us at our local offices:
Small businesses
For small projects (generally less than € 25m)
Media
General enquiries
Contact the Information Desk for enquiries regarding the financing facilities, activity, organisation and objectives of the EIB.
Contact us
Tel. +352 4379-22000
Frequently asked questions