Loan process
How can I apply for a loan from NIB?
Applications for loan should be directed to NIB's Lending Department. There are no standard forms for a loan application.
What are the eligibility criteria?
All projects considered to fulfill the mandate and eligibility criteria, i.e. strengthening competitiveness and/or enhancing the environment, are subject to an objective analysis, including an environmental analysis to ensure that the project is in line with sound banking principles.
How is a loan decision made within NIB?
A decision to grant a loan is made by the Board of Directors, after preliminary approval by the Credit Committee. NIB's President is authorised by the Board to make certain lending decisions.
Links
Financial policies (717 KB)
Sustainability policy and guidelines (443 KB)
General guidelines for procurement (157 KB)
Resolution on fighting corruption (56 KB)
Rules of procedure for the Committee on Fighting Corruption (49 KB) Agreed loans
Analysis
News
NIB finances biomass power plant in Sweden
A loan agreement has been signed with the Swedish company Vimmerby Energi & Miljö AB to finance a new bio-fuelled combined heat and power plant.
8 May 2013
NIB to finance better energy efficiency in Finnish homes
A loan programme with Suomen Hypoteekkiyhdistys will help improve environmental value and energy efficiency for many Finnish households.
29 Apr 2013
NIB finances purchase of icebreaker for Estonia
A loan agreement has been signed with the Port of Tallinn for financing the acquisition of an icebreaker. Upgraded ice-breaking services are critical to the competitiveness of Estonia’s port infrastructure.
9 Apr 2013
Agreed loans
Vimmerby Energi & Miljö (Sweden) (13 May 2013)
Suomen Hypoteekkiyhdistys (Finland) (29 Apr 2013)
AS Tallinna Sadam (Estonia) (8 Apr 2013)
