European Long Term Investors

The European Long-Term Investors Association (ELTI) is a trade association that represent a European-wide network of development banks or National Promotional Banks and Institutions (NPBIs).

European Long Term Investors Association

Abbreviation	ELTI
Formation	July 2013 (2013-07)
Founded at	Paris
Type	Trade association
Legal status	Non-profit aisbl
Location	Brussels, Belgium
Region served	Europe
Membership (2024)	31 financial institutions
Website	www.eltia.eu

As of 2020, the association has 31 European long-term financial institution members from 23 Member States across the European Union and Turkey.

History

The association was established in 2013 by 16 NPBIs in Paris.

Membership

The Full Members of ELTI are generally national development finance institution. The European Investment Bank (EIB) has the status of a permanent observer. ELTI also includes Associate Members notably multilateral development banks, regional financial institutions and non-banking institutions.

As of 2020, ELTI's 23 full members and 8 associate members include:

Full members

• Austria: Oesterreichische Kontrollbank Aktiengesellschaft (OeKB)
• Belgium: Belgian Federal Holding and Investment Company (SFPI/FPIM).
• Bulgaria: Bulgarian Development Bank (BDB)
• Croatia: Croatian bank for reconstruction and Development (HBOR)
• Czech Republic: Ceskomoravska zarucni a rozvojova banka (ČMZRB)
• France: la Banque publique d’investissement (Bpifrance)
• France: Caisse des dépôts et consignations (CDC)
• Germany: KfW Bankengruppe (KfW)
• Greece: National Bank of Greece (NBG)
• Hungary: Hungarian Development Bank (MFB)
• Ireland: Strategic Banking Corporation of Ireland (SBCI)
• Italy: Cassa Depositi e Prestiti (CDP)
• Latvia: The Latvian Development Finance Institution (ALTUM)
• Lithuania: JSC Public Investment Development Agency (VIPA)
• Luxembourg: Société Nationale de Crédit et d’Investissement (SNCI)
• Malta: Bank of Valletta (BOV)
• Malta: Malta Development Bank (MDB)
• Netherlands: Invest-NL
• Poland: Bank Gospodarstwa Krajowego (BGK)
• Portugal: Instituição Financeira de Desenvolvimento, S.A.(IFD)
• Slovakia: Slovak Investment Holding (SIH)
• Slovenia: Slovenska izvozna in razvojna banka (SID)
• Spain: Instituto de Crédito Oficial (ICO)

Associate Members

• Bulgaria: Fund Manager of Financial Instruments in Bulgaria (FMFIB)
• Council of Europe Development Bank (CEB)
• Germany: NRW.BANK
• Greece: Consignment Deposits and Loans Fund (CDLF)
• Lithuania: UAB Investicijų ir verslo garantijos (INVEGA)
• Long-Term Infrastructure Investors Association (LTIIA)
• Nordic Investment Bank (NIB)
• Turkey: Turkiye Sinai Kalkinma Bankasi A.S. (TSKB)

Permanent Observer

• The European Investment Bank (EIB)