NIB's authorised capital amounts to approximately EUR 6,142 million. The latest decision to increase the capital by EUR 2,000 million was taken by the Board of Governors in 2010 (see the press release) and and was set to enter into force once the necessary national procedures in the member countries had been completed. Subsequently the capital increase entered into force as of 16 February 2011 (see the news).
The authorised capital consists of paid-in capital and callable capital. NIB's member countries have subscribed to the authorised capital in proportion to their gross national income. See the structure of the authorised capital here.
About 6.82% of the subscribed authorised capital stock is paid in. The remainder of the authorised capital consists of callable capital, which is subject to call if the Board of Directors deems it necessary.
In addition to the paid-in and callable capital, the Bank has various reserves.
The Bank's Ordinary Lending ceiling corresponds to 250% of the authorised capital stock and accumulated general reserves. In addition to Ordinary Lending, NIB has special lending facilities guaranteed by the member countries.Links
The financial information on the period of January-April 2013 is now available.
17 Jun 2013
In 2012, the NIB saw further growth of its lending activities. This reflects the continued need for long-term financing in the Nordic-Baltic region. The annual profit of EUR 209 million builds a solid platform for supporting major investment projects.
12 Mar 2013
The financial information on the period of January-August 2012 is now available.
11 Oct 2012