The European Investment Bank is the European Union's bank and the world’s biggest multilateral lender. The only bank owned by and representing the interests of the EU Member States, the EIB works closely with EU institutions to implement EU policy. EIB finance and expertise backs sustainable investment projects in small and medium-sized enterprises, innovation, infrastructure, and climate and environment. Though 90% of EIB business is in Europe, it is a major lender around the globe. For six decades the EIB has financed Europe’s economic growth with investments in almost all major companies and projects, from start-ups like Skype to massive schemes like the Øresund Bridge linking Sweden and Denmark. The EIB Group includes the European Investment Fund, a specialist financer of SMEs in which the EIB is majority shareholder. From its Luxembourg headquarters, the EIB responds to changes in Europe’s economy and in the businesses it finances with new products and directions. In 2020, the EIB signed provided €82.8 billion of finance.