NIB has operations in its Nordic and Baltic member countries and in the selected focus countries—Belarus, Brazil, China, India, Poland, Russia, South Africa, Ukraine and Vietnam. Outside the membership area, projects financed by NIB should be of mutual interest to the country of the borrower and the member countries.
NIB has entered into agreements on financial cooperation with national governments around the world. As a rule, such agreements enable NIB to participate in the financing of projects in both the public and private sectors. NIB has established formal long-term cooperation with countries in Africa, Asia, Europe and Eurasia, Latin America and the Middle East.
Furthermore, NIB has cooperation agreements with three regional multilateral banks: the Black Sea Trade & Development Bank, the Central American Bank for Economic Integration CABEI and the Andean Development Corporation CAF. Through these institutions, NIB can operate also in countries where it has no agreement on financial cooperation.
NIB finances new electricity metering system in South-East Finland
NIB and Kymenlaakson Sähköverkko Oy have signed a loan agreement for the implementation of a remote reading system of electricity metering in South-East Finland.
14 May 2012
NIB helps tap renewable energy in India
A loan to India’s Axis Bank Limited is earmarked for wind turbine parks with the total capacity of 300 MW. The wind parks are being constructed in the states of Tamil Nadu, Andhra Pradesh and Gujarat.
10 May 2012
NIB finances dairy expansion in Oslo, Norway
NIB has signed a loan agreement with Norwegian dairy company TINE for financing its dairy expansion in the capital city.
3 May 2012
Kymenlaakson Sähköverkko Oy (Finland) (14 May 2012)
Axis Bank Limited (India) (10 May 2012)
TINE SA (Norway) (2 May 2012)