NIB’s Governors approve dividend on 2013 annual results

At its annual meeting, the Nordic Investment Bank’s Board of Governors approved the Bank’s annual accounts for 2013 and the payment of EUR 55 million as dividends to the member countries.

At the meeting, the Board of Governors approved NIB’s annual accounts for 2013. The Bank recorded a profit of EUR 217 million (up from the previous year’s EUR 209 million). The total amount of loans agreed during the year reached nearly EUR 2 billion and was allocated to projects that fulfil the Bank’s mission to improve the competiveness and environment of the Nordic and Baltic countries.

Based on the financial results, the Board decided that EUR 55 million will be paid out as dividends to the member countries.

“I wish to congratulate the Bank and its staff on their very good result over the past year. I consider The Nordic Investment Bank to be an important regional financial institution supporting investments and growth in the Nordic-Baltic countries,” says Henrik Sass Larsen, Minister for Business and Growth of Denmark, Chairman of the Board of Governors in 2013–2014.

The decisions of this year’s annual meeting were taken by written procedure as provided by the rules of procedure for the Board of Governors.

The Board of Governors, in which the member countries are represented at the ministerial level, appointed the Governor for Finland as its Chairman for the period from 1 June 2014 to 31 May 2015.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

For further information, please contact

Mr Jukka Ahonen, Director, Head of Communications, at +358 10 618 0295,