NIB PUBLISHES ANNUAL RESULTS

Annual results
 

NIB in 2016: Lending up on strong public infrastructure demand

In 2016, the Bank increased its lending volume to EUR 4.4 billion and showed a stable amount of net profit, at EUR 212 million. While corporate investment activity remained subdued, the demand for long-term loans saw strong growth, in particular from the public sector. The amount of environmental loans grew by 50% compared to the previous year. Based on last year’s financial results, the Bank’s Board of Directors is proposing to pay out EUR 55 million in dividends to the member countries.

“NIB’s volume of loans agreed grew markedly. Financing long-term investments in public infrastructure was one of the principal drivers of this development. We also continued implementing new strategy initiatives, such as increased lending to SMEs and mid-sized corporates and the launch of the Arctic Financing Facility. The investments financed in 2016 will have long-term impacts on the environment and the growth potential in the whole Nordic–Baltic region”, says Henrik Normann, NIB President & CEO.

 
  Annual Report online  
 

Annual Report 2016 online

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

For downloads, please visit Financial reports.

 
 
  President's review  
 

President's review

"Our significance lies in that we can provide “patient” money in the form of long-term loans, which is crucial for many projects. This can also create synergies between public and private sectors", writes Henrik Normann, NIB President & CEO, in his review for the Bank's Annual Report.

 
         

BUSINESS IN FOCUS

 
Stockholm metro

 

Need better environment and more equality? Take the metro!

Stockholm has received international acclaim for its innovative take on urban transportation, but the ambitious low carbon goals are increasingly difficult to maintain. “An improved metro lets commuters choose public transport over their private cars”, says Stefan Wallin at Stockholm County Council.

     
Lidl

 

Lidl building Nordic identity

In the wake of the global financial crisis, concerns about the overall cost of living in Finland have been increasing. The sluggish development of the country's economy in recent years has affected consumer behaviour. The grocery goods sector especially has felt the growing price-consciousness of customers. In this environment, German Lidl is shaping its Nordic identity.

     
         

FUNDING NEWS

 
Jens Hellerup

 

NIB shows strong start for funding year 2017

With an annual funding plan at EUR 4.5 billion, NIB raised about EUR 2.3 billion in new funding by early March. In line with previous years, NIB’s strategy is to complete one to three global benchmarks, complemented by public and private issues to maintain a diversified portfolio of currencies and a global investor base.

     
Funding Highlights

 

Funding highlights

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

See also:

Funding transactions

     
         

INTERVIEWS AND OPINIONS

 
Hördur G Kristinsson

 

Nordic bioeconomy: be courageous to innovate

"By 2030, we will need 50% more food, 45% more energy and 30% more water. To deal with these challenges, we need sustainable innovative solutions for society and the environment. An advanced bioeconomy may render a very likely answer", writes Hörður G. Kristinsson, chairman of the Nordic Bioeconomy Panel in his column.

     
         
 

Agreed Loans

3 Mar 2017 Municipality of Ängelholm EUR 5 million Sweden 
28 Feb 2017 Valio Oy EUR 40 million Finland
16 Feb 2017 Wärtsilä Corporation EUR 40 million Finland
30 Jan 2017 Njudung Energi Sävsjö AB EUR 4 million Sweden
 
         

PUBLICATIONS

 
AR2016

 

Annual report 2016: downloads

The complete account of NIB's operations and financial results for 2016 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.

Annual Report (5.3 MB)

Annual Review (3.9 MB)

Financial Report (1.5 MB)

     
   

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