NIB is part of the Nordic Finance Group, consisting of four international financial institutions located in the same block in Helsinki, Finland. The institutions within the group offer different types of financing and competences. In addition to NIB, the following institutions belong to the group:
Nordic Development Fund (NDF)
NDF is a multilateral development finance organisation, providing grant financing for climate projects in poor developing countries.
Nordic Environment Finance Corporation (NEFCO)
NEFCO is a risk capital institution financing environmental projects in Central and Eastern Europe.
Nordic Project Fund (Nopef)
Nopef is an organisation that works to strengthen the international competitiveness of small and medium-sized enterprises by providing loans on favourable terms for cofinancing feasibility studies.
The Nordic Finance Group has solid experience in financing projects all over the world.
NIB is owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. NDF, NEFCO and Nopef are owned by the five Nordic countries.
NIB has provided a EUR 61 million loan to DNB Bank ASA. The funds will be onlent to finance one of northern Europe’s largest onshore wind farms, in Jädraås, eastern Sweden.
22 May 2013
NIB and Latvia’s state railway company have signed a new loan for upgrading a railway section in the country’s east-west transport corridor.
22 May 2013
NIB has issued its fourth increase, AUD 100 million, to its 10-year Kangaroo issue due 19 April 2022.
15 May 2013