ABSTRACT

Between 1958 and 1972, the chemical industry received a larger amount of assistance from the European Investment Bank than any other single industrial sector. The only sector that attracted more of the Bank's investments was in infrastructure – the building of roads, bridges and tunnels. In the next four years, 1973-77, the Bank's rate of lending to the chemical industry increased, but to a lesser extent than in other sectors with the result that the proportion of investment going to chemicals fell from second to fifth place. From 1978, the rate of investment dropped considerably and the percentage of the EIB's total loans devoted to chemicals declined to 0.7 per cent. Proportion of the EIB's total loans devoted to chemical enterprises in the Community 1958-1980 https://www.niso.org/standards/z39-96/ns/oasis-exchange/table">

1958-72

1973-77

1978-80

Amount mill. ua

% of total loans

Amount mill, ua

% of total loans

Amount mill. ua

% of total loans

277.0

11.3

200.4

4.0

56.0

0.7

SOURCE: EIB, 1958-78, 24-5; Annual Reports, 1978, 32; 1979, 38; 1980, 38.