EXPANDING GEOGRAPHICAL FOCUS

Non-member lending
 

NIB to eye more deals in non-member countries 

The Bank is set to broaden the geographical focus of its lending outside its member countries. Projects eligible for financing will be assessed on the case-by-case basis from the point of view of the Bank’s mission fulfilment. NIB is responding to its customers’ wish for the Bank to become more involved in financing their investments outside the Nordic–Baltic region. "The purpose of this step is to improve the effectiveness of executing our mission—to improve competitiveness and the environment of the member countries", says Thomas Wrangdahl, First Vice-President and Head of Lending at NIB.

 
         

BUSINESS IN FOCUS

 
8-month report

 

NIB in January–August 2015: lending on upward trend

On its eight-month results, NIB shows an increase in lending volumes and a EUR 150 million profit. NIB's financial results for January-August 2015 are now available on the website.

Download NIB's financial results Jan-Aug 2015

     
Lysebotn 2

 

Norway: Lysebotn a power plant inside a mountain

A tunnel at the bottom of Lysefjord in western Norway reveals a noisy construction site, one 1.5 km inside the mountain. “It's a huge green battery for the network. Lysebotn will provide balancing services to the Nordic market and beyond in a few years,” says Bjørn Roger Otterdal of Lyse, the company behind the power plant.

     
Kapmusareena Tampere

 

Finland: Grass roof campus to nourish high-tech dexterity

The futuristic Kampusareena building at Tampere University of Technology is attracting many high-tech tenants to mingle among the students under the grass roof. "We believe that this is the way intellectual competitiveness will be promoted in the future", says Anssi Koski, CFO of University Properties of Finland.

     
Amber Grid

 

NIB-financed gas pipeline completed in Lithuania

The Lithuanian gas transmission system operator Amber Grid AB has completed the Klaipeda-Kursenai gas transmission pipeline that increases the capacity of transporting natural gas from the liquefied natural gas terminal in Klaipeda to potential customers in the three Baltic countries.

     
         

FUNDING NEWS

 
USD benchmark

 

Successful second USD benchmark issue

The Bank’s USD 1 billion global, with a maturity of five years, re-opened the USD market for supranational issuers following a three-week issuance moratorium due to the highly anticipated September meeting of the US Federal Reserve.

     
EUR benchmark

 

Inaugural EUR-denominated environmental benchmark

The NIB Environmental Bond programme continues to grow. In September, NIB was back in the EUR market with its first EUR-denominated environmental benchmark. Ahead of the transaction, NIB’s funding team visited socially responsible investors in the UK, the Netherlands, France and Sweden.

     

 

Funding highlights

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

See also:

Funding transactions

     
         
 

Agreed Loans

14 Sep 2015 Fastighets AB ML 4 EUR 161 million Sweden
 
         

PUBLICATIONS

 
NIB Magazine

 

NIB Magazine 2015-2016 out in November

The Bank will print and distribute its customer magazine in mid-November.

     
   

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