NIB in brief in your language:
Intermediaries
NIB continually develops partnerships with intermediaries. Intermediary operations make possible the financing of small and medium-sized enterprises (SMEs), which NIB would not be able to finance directly. Loan programmes for intermediaries also broaden NIB's operations geographically as they enable NIB to channel funds into projects through financial institutions with a knowledge of specific national and regional markets.
In NIB's member countries, commercial banks usually act as intermediaries. Outside the member countries, NIB cooperates both with financial intermediaries, mainly commercial banks and state-owned development banks, and with governmental intermediaries, mostly ministries of finance and economy.
Loan programmes for intermediaries are usually established for a specific purpose. For example, NIB has financed small-scale environmental and women entrepreneurship projects through its intermediaries.
