Nordic Investment Bank (NIB)
Last updated on 05 Mar 2024

Key facts


NIB is the international financial institution of the Nordic and Baltic countries. Its mission is to finance projects that improve the productivity and benefit the environment of those countries.

Fabianinkatu 34
P.O. Box 249
FI-00171 Helsinki
Finland

+358 10 618 001

www.nib.int
PUBLIC
1975
Credit rating (S&P)
AAA
Foreign currency

Authorizations and exposure


FY 2022 disbursements top sectors

Industry
33%
Public sector and utilities
23%
Infrastructure and project finance
19%
Services and consumer
15%
Financial institutions
10%

FY 2022 disbursements

Europe

100 %

Products


  • Corporate loans
  • Sovereign loans: Granted either against a sovereign guarantee or as a direct loan to a government
  • Loans to municipalities: Granted either against a municipal guarantee or as a direct loan to a municipal entity
  • Loan programs: Used in both member and non-member countries for on-lending through financial intermediaries
  • Investments in green bonds: NIB can purchase listed green bonds issued by companies and municipalities in its member countries
    • This financing complements NIB’s ordinary lending and supports the green bond market
    • The investments are used to finance projects that are environmentally sustainable and contribute to mitigating climate change
  • Project and structured finance
    • Non- and limited-recourse project financing
    • A/B-loans
    • Private public partnership (PPP) financing
    • Leasing structures
    • Guarantees
  • Non-member country lending: NIB can finance investments outside its membership region, however a member country interest in the project is a prerequisite

Policies


  • NIB may make loans and issue guarantees up to a total amount equivalent to 250% of the authorized capital stock (currently EUR 6.14 billion) and accumulated general reserves
    • In addition to these limits, NIB has special lending facilities guaranteed by the member countries
  • All loan projects are assessed for their potential productivity gains and environmental benefits
  • NIB has signed the European Principles of the Environment together with four other European international financial institutions

News


  • 2024: NIB's EUR 500 million Environmental Bond attracts strong global demand
  • 2023: NIB launches climate strategy for sustainable financing of net-zero goals at COP28
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