Newsletter March 2019



Interview with NIB's Head of Lending

"2018 was a succcessful year for the Nordic Investment Bank. We were able to disburse more than four billion euros to customers, of which more than half were to new customers. You can read about our activities and how they contribute to the UN Sustainable Development Goals in our activity report for  2018", says Thomas Wrangdahl, NIB's Head of Lending.


NIB Activity Report 2018 published

We report on the economies of our Nordic and Baltic member countries, our lending activities, our stakeholder engagements, working at NIB, how we handle integrity and anti-corruption measures, and our sustainability reporting according to the Global Reporting Inititative.

“In 2018, NIB experienced record-strong demand, mostly driven by corporate borrowers. Most of this lending was for projects that increase productivity, measured as the economy’s overall efficiency in the use of capital, labour or raw materials. That is why we focus on the productivity aspect of our long-term lending in this activity report for 2018”, says Henrik Normann, NIB President and CEO.

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Changing the landscape of Lithuanian retail

When price competition intensifies, customers are usually the first to notice the direct effects. In the longer term, increased competitiveness also comes with improvements in market efficiency, bringing further benefits for the whole economy. This is currently happening in Lithuania, where NIB is financing Lidl Lietuva’s expansion.

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Climate experts from Ministries of Finance at NIB

The Finance Ministry Coalition for Climate Action held a working group meeting in Helsinki on 21-22 February 2019. NIB organised a seminar for the participants at the Bank’s premises on the first meeting day. The topics discussed included the role of international financial institutions in climate financing and the frameworks for green financing.

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More than money: A broader view on financing productivity gains

NIB sees productivity as a key driver for prosperity and a core pillar for strong, well-functioning societies. That is why we extend our analyses from direct impacts to the wider impacts for society. We are looking for social value creation as much as for pure economic value creation.

“Productivity isn’t everything, but in the long run it is almost everything. A country’s ability to improve its standard of living over time depends almost entirely on its ability to raise its output per worker.” —Paul Krugman

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Funding Highlights

Funding highlights

Monthly updated coverage of NIB's funding operations

See also:

Funding transactions


Trainee Legal Department Closing date: 24 Mar 2019


12 Mar 2019 Käppalaförbundet EUR 50.89 million Sweden


14 Mar 2019 NIB Activity Report 2018 Helsinki
15 Mar 2019 Board of Directors meeting London
25 Apr 2019 Board of Directors meeting Helsinki
30 Apr 2019 NIB 1Q 2019 interim management statement Helsinki
5 Jun 2019 Board of Directors meeting Venue to be confirmed
28 Aug 2019 Board of Directors meeting Helsinki
30 Aug 2019 NIB 1H 2019 financial statement Helsinki
3 Oct 2019 Board of Directors meeting Venue to be confirmed
31 Oct 2019 NIB 3Q 2019 interim management statement Helsinki

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