NIB provides long-term complementary financing to projects that, in compliance with NIB's mission, improve competitiveness and the environment of the Nordic and Baltic countries. NIB finances projects in many sectors in member and non-member counties. In particular, NIB aims at providing added value in energy, transport and environmental improvements.
NIB offers its customers—both private and public—tailor-made loans and guarantees on competitive market terms.
NIB aims at being a flexible and reliable partner.
NIB's strengths are its:
• status as an international financial institution, which facilitates the financing of cross-border activities;
• highest possible credit rating, which enables a stable supply of long-term financing;
• experience in complex financing structures in cooperation with other international financial institutions and public and private sector lenders; and
• professional and motivated lending experts.
Loan proposals are directed to NIB's Lending Department. There are no formal requirements for a loan proposal. All projects financed by NIB should improve competitiveness and/or the environment, in accordance with NIB's mandate and eligibility criteria. Furthermore, outside the membership area, projects financed by NIB should be of mutual interest to the country of the borrower and the member countries.
A loan to the Finnish Wärtsilä Corporation will finance its expansion into hydro-industrial services and strengthen its digital product portfolio.
16 Feb 2017
A loan to Össur, an Icelandic developer of orthopaedic solutions, will finance in part the company’s R&D programme during 2016–2019 and to re-finance the acquisition of Touch Bionics.
8 Feb 2017
In 2017, NIB is participating as observer to an expert group set up to provide recommendations for the European Commission on sustainable finance.
19 Jan 2017