NIB in 2015

NIB in 2015: Lending volume reaches all-time high

In 2015, NIB achieved an all-time high lending volume, showing year-on-year growth of nearly 20%. Despite the low interest rate environment, NIB posted a EUR 215 million profit for 2015, up from EUR 210 million a year earlier. The profit reflected growth in net interest income in both lending and treasury operations, as well as lower loan impairment charges.

“The results of NIB’s operations prove the underlying strength of the Bank’s business strategy of supporting its customers’ investment projects by offering flexible, long-term financing”, says Henrik Normann, NIB President & CEO.

  Annual Report 2015  

Annual Report 2015 online

The Annual Report is now available online, for download as PDF and in print. The package includes an activity report and an audited financial report that present the detailed account on NIB's performance during the year.

For downloads, please visit Financial reports.


  NIB President's review  

President's review

"2015 was a year of positive surprises for NIB. The disbursements of loans substantially exceeded our expectations. This growth was attributable to a good number of new borrowers", Henrik Normann, NIB President & CEO, writes in his review for the Annual Report.



NIB President term extended


Henrik Normann’s term as NIB President extended until March 2020

“The Board of Directors highly appreciates the contributions Henrik Normann has made to NIB’s further development and notes with much satisfaction that he can now follow through the Bank’s ongoing transformation process”, says Pentti Pikkarainen, Chairman of NIB’s Board of Directors.

SME financing


NIB and Sparebanken Hedmark finance SMEs in eastern Norway

A new loan facility will be used to finance small and medium-sized enterprises and environmental projects. The eligible investments are expected to be in transportation, forestry, industrial machinery, construction machinery and IT equipment.



How it all began - video

How it all began—a short film to mark NIB’s anniversary

NIB has released a short film to mark its 40th anniversary in 2016. The film tells the story of how regional development has shaped the Bank and how NIB perceives its future role. The story features interviews with people who have steered the Bank over the past four decades and those who keep the gears turning—the owners and NIB personnel speaking about the Bank's future. Later this year, NIB plans to produce a longer version of the film with broader focus on socioeconomic aspects and the Bank’s mandate.



Funding news


NIB’s funding for 2016 on track

Despite the prevailing market volatility, NIB is on track with its EUR 5 billion funding plan for 2016. The Bank’s first global benchmark of the year reached a final order book of over USD 1.7 billion. “We highly appreciate the strong support investors showed NIB once again”, says Jens Hellerup, Head of Funding and Investor Relations at NIB. 



Funding highlights

Monthly updated coverage of NIB's funding operations: funding targets, reports on transactions and graphs.

See also:

Funding transactions


Agreed Loans

7 Mar 2016 Sparebanken Hedmark EUR 63 million Norway
2 Mar 2016 RARIK ohf. EUR 25 million Iceland
23 Feb 2016 Stockholm County Council EUR 107 million Sweden
9 Feb 2016 Copenhagen Airports A/S EUR 17 million Denmark


Annual Report 2015


Annual report 2015

The complete account of NIB's operations and financial results for 2015 in the Annual Report, an activity report in articles, tables and graphs in the brochure Annual Review, as well as the Financial Report are available for download as PDF.

Annual Report (3.2 MB)

Annual Review (2.7 MB)

Financial Report (0.7 MB)


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