Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
I'm not a banker, but I would assume banks with a public mission would have greater auditing requirements than a private bank of comparable size.

Just for comparison, Germany's state development bank KfW employs around 3500 people in all, and lends around €75bn/yr (2006). So by that standard the EIB is understaffed.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt št gmail dotcom) on Sat Sep 19th, 2009 at 05:18:55 AM EST
[ Parent ]
Yes, if a large part of the EIB staff is engaged in things like policy analysis and non-banking related missions that is a good explanation for the high staff to asset ratio. But that does not speak at all to the efficiency of the organization which the graphic was used to argue. Instead it just says that its banking assets have increased relative to the other work it may be doing.
by santiago on Sat Sep 19th, 2009 at 03:59:13 PM EST
[ Parent ]

Display:

Occasional Series