Project non-European Credit Process EIB

Designing an ideal credit process for the EIB, a juicy bit where we sink our teeth in with pleasure.

EIB wanted to improve non-European credit process
Describing e good and efficient credit process for the European Investment Bank’s non-European credit, that was the mission Rebel was entrusted with by the EIB. The EIN is a bank in which European countries have a mandatory participation. Its purpose is enabling the development of large-scale projects in Europa. About 10% goes to development programmes in developing countries. The EIB asked us for a peer review, with analyses of comparable credit processes such as IFC, EBRD, FMO and KfW.

Rebel focused on capital recovery
We formulated recommendations for the EIB: it doesn’t end once you have transferred the money, you also need to make sure that you get it back. In this context, we described the credit processes of all International Finance Institutions (IFI’s). From this peer review, we extracted main characteristics and drew conclusions as to the extent to which it is similar to the EIB process. We also organised a seminar for all parties involved and the EIB to discuss the outcome. Attendants streamed in from all parts and expressed their appreciation.

With a focus on risk management
To make sure that money also flows back, we argued for a greater focus on risk management. In our opinion, it is very important, as a financial institution, to be able not only to approach risks responsibly, but also to manage and control risks appropriately. For this EIB mission, we could fall back on our in-depth knowledge of the way in which financial institutions operate. We are also very good at making risks transparent and identifiable.

So that capital keeps flowing where it is needed
Making risks transparent and controlling risks are major parts of our core business, because it is important for us to ensure stable funding of sectors that need it. Thanks to a transparent credit process, capital keeps flowing to its intended destination, and that’s what we aim for.

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