Capital structure
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.
LinksAnnual Report, Capital structure
Consitituent Documents (340 KB)
Member countries
News
NIB in 2011: Increased lending in a volatile market
In 2011, the sovereign debt crisis deepened further, adversely affecting the confidence in the financial markets. Despite the growing volatility on a global scale, the Nordic–Baltic region posted a relatively stable economic performance. NIB continued to build its lending portfolio, resulting in a clear increase of new loan agreements.
12 Mar 2012
Website upgraded for better outreach to NIB’s stakeholders
On 23 January, NIB launched an upgraded website as a response to a growing demand for strengthening corporate communications on the internet.
23 Jan 2012
Henrik Normann appointed new President of NIB
The Board of Directors of the Nordic Investment Bank has appointed Henrik Normann (Denmark) President and Chief Executive Officer of the Bank. Mr Normann will take up his appointment on 1 April 2012. He will succeed Mr Johnny Åkerholm (Finland), who has been President and CEO of NIB since April 2005.
16 Jan 2012
