Exumbran Council Regulation on the Exumbran Social Investment Bank (ECR.ESIB)

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The Exumbran Council Regulation on the Exumbran Social Investment Bank (ECR.ESIB) is - in its original form as the Agreement on the Exumbran Social Investment Bank - part of the Treaty of the Exumbran Convention and went into force with that treaty. Thereafter it became a Council Regulation, and therefore, subject to the thereto applicable procedures. ECR.ESIB regulates purpose, funding, organization, and key procedures of the Exumbran Social Investment Bank (ESIB). The main purpose of ESIB is to loan money for relatively high risk private investment with expected benefits for more than just the private investor, in accordance with the second and third objectives of the Exumbran Convention as mentioned in article 2 of its founding treaty.

See the page on the Exumbran Social Investment Bank (ESIB) for further details.