Nobel laureate Professor Muhammad Yunus addressed a roundtable meeting in Luxembourg with top executives of European Investment Bank (EIB) and exchanged ideas with them.
The meeting took place at the office of Werner
Hoyer, president of the European Investment Bank at his office recently.
Professor Yunus elaborated the concept of social business to the group and proposed various actions by the bank to facilitate social businesses. President Hoyer showed his deep interest in playing a pioneering role as facilitator of social business in Europe. He also expressed his interest in creating a fund to support social businesses. Other than the president, several senior officials of EIB group took part in the discussion, including Plutarchos Sakellaris, vice president, Richard Pelly, CEO of the European Investment Fund, Tamsyn Barton, director general operations outside European Union and Rémy Jacob, dean of EIB Institute.
The European Investment Bank (EIB) is the European Union’s financing institution. Its shareholders are the 27 member states of the union, which have jointly subscribed its capital. The EIB’s Board of Governors is composed of the finance ministers of these states. The EIB’s role is to provide long-term finance in support of investment projects.
The EIB works closely with the other EU institutions, especially the European Parliament, the European Council and the European Commission. The European Investment Fund is a subsidiary of the EIB.
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Source: The News Today
