NIB's authorised capital amounts to approximately EUR 6,142 million. The latest decision to increase the capital by EUR 2,000 million was taken by the Board of Governors in 2010 (see the press release) and and was set to enter into force once the necessary national procedures in the member countries had been completed. Subsequently the capital increase entered into force as of 16 February 2011 (see the news).
The authorised capital consists of paid-in capital and callable capital. NIB's member countries have subscribed to the authorised capital in proportion to their gross national income. See the structure of the authorised capital here.
About 6.82% of the subscribed authorised capital stock is paid in. The remainder of the authorised capital consists of callable capital, which is subject to call if the Board of Directors deems it necessary.
In addition to the paid-in and callable capital, the Bank has various reserves.
The Bank's Ordinary Lending ceiling corresponds to 250% of the authorised capital stock and accumulated general reserves. In addition to Ordinary Lending, NIB has special lending facilities guaranteed by the member countries.Links
In 2017, NIB continued to expand its lending operations. Loans aimed at improving productivity supported investments in R&D, infrastructure and energy. On the environmental side, the focus was on wastewater treatment.
13 Mar 2018
On 13 March, NIB offered a webcast to present the annual results. The record of the webcast is available online.
13 Mar 2018
In the first eight months of the year, NIB experienced good demand for long-term financing from the municipal sector in the Bank’s member countries. NIB publishes the Interim Management Statement for Jan-Aug 2017.
10 Oct 2017