Our year in brief
This is our year in brief. Here, you will find NIB’s annual report, links to our interim reports and other highlights that happen throughout
the year.
Annual Report 2025
In 2025, we continued to deliver on our mission and faced solid demand for our sustainable long-term lending. NIB paid out EUR 3.9 billion to its clients.
The Bank’s net profit for the year was EUR 287 million, driven by the record high net interest income. NIB’s Board of Directors proposes to distribute EUR 86 million in dividends to the Bank’s Nordic and Baltic member countries.
“In 2025, NIB achieved strong results, characterised by a large number of financing transactions with a high mandate fulfilment. Financially, 2025 was one of our strongest years ever. NIB recorded a strong net profit of EUR 287 million. This was driven mainly by the record high net interest income.
The year 2025 marked 20 years of Baltic membership and 50 years since the NIB’s founding agreement was signed. Over the decades, we have seen the Bank navigate a wide range of operating environments, yet its focus has always remained on serving its owners and staying relevant to their evolving needs.”
NIB disbursed EUR 3.9 billion in new financing, increasing financing outstanding to EUR 24,089 million, a 2.2% increase from 2024. NIB achieved high mandate fulfilment, with 98.1% of disbursed funds allocated to projects rated as “good” or “excellent” for their impacts on the environment and/or productivity. The largest share of disbursed loans was directed at R&D programmes, energy generation and transmission, and buildings.
The new financing supported projects in areas such as carbon capture and storage, energy generation and transmission, research and development programmes and energy efficient buildings. Following the Sustainability Policy revisions in 2024 and 2025, NIB made its first disbursements to the defence sector during the year.
In 2025, NIB raised EUR 9.2 billion in new funding through 93 transactions, maintaining a funding volume in line with the previous year. The Bank executed key benchmark issuances across major currencies, including USD, EUR, GBP, and its largest-ever AUD-denominated bond, while also returning to the ISK market for the first time in sixteen years.
NIB remained active in sustainable funding, issuing EUR 1.4 billion in NIB Environmental Bonds (NEBs), including issuances in all member countries’ currencies for the first time. During the year, NIB also launched its Sustainability-Linked Loans Financing Bond (SLLB) Framework and issued its inaugural SLLB, further strengthening its sustainable financing offering.
By the end of 2025, NIB’s total outstanding debt financing amounted to EUR 35.9 billion.
Fifty years have passed since NIB’s founding. The Bank was established to promote Nordic economic growth and cooperation. The Baltic countries joined in 2005.
Since its founding, NIB has aligned its financing and activities with the priorities of the day, to support its owner countries, and contribute to the sustainable and prosperous Nordic-Baltic region. By 2025, NIB has continued to expand its financing volumes and provide value to its owners as the IFI for the Nordic–Baltic region.
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Contact us
Kim Skov Jensen
CFO, Head of Treasury & Finance
+358 10 618 0209
kim.jensen@nib.intJukka Ahonen
Head of Communications
+358 10 618 0295
jukka.ahonen@nib.intJeanette Vitasp
Head of Lending
+358 10 618 0222
jeanette.vitasp@nib.intLuca De Lorenzo
Head of Sustainability and Mandate
+358 10 618 0297
luca.delorenzo@nib.int