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"These global loans are subsidizing the banking community," Ms. Ridruejo said.
"The European Investment Bank provides global loans to banks, and it is the responsibility of the banks to pass this on to the real economy," he said.
The bank zealously guards its documents, and reveals little information about an activity that accounts for a third of its lending, so-called global loans.
Dexia received three global loans totaling 450 million euros in the last two years, and Air France received loans this year to buy aircraft.
In one case, a French-Belgian commercial bank, Dexia, received more of the global loans than rival banks in France over a five-year period ending this year.
In other cases, members of the European Investment Bank's board presided over commercial banks that received millions of euros from the European bank in the form of credit lines or global loans.
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Later she was a co-founder and board member of Women's World Banking, a global loan-guarantee organization.
The bank itself only has about an $80 million exposure to the MF Global loan, having syndicated the rest, according to a person briefed on the matter.
Chad will also continue to serve as Vice Chairman of CMO working closely with Tyler Dickson and Jamie Forese to approve leveraged finance and global loan commitments.
But it also casts a pall over China's record in international lending.China has dramatically scaled up its global loan book over the past five years by dealing with countries largely ignored by Western lenders, whether for political reasons (Russia) or economic (Argentina).
Many of the protesters view the World Bank and the I.M.F. as global loan sharks, hooking lower-income nations on cheap debt and then insisting that they adopt free markets, unlimited investment, privatization and restrained government spending, or risk a cutoff in new aid.
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