NIB

Newsletter October 2018

   

NIB RESULTS JANUARY-AUGUST 2018

High demand for NIB's long-term financing

The flow of deals in the Bank’s lending continued to be at a high level during the eight-month period ending 31 August 2018. New agreed loans totalled EUR 2,286 million, and loans disbursed amounted to EUR 2,367 millions. "Larger investment needs in the private sector has been the main driver. Another major driver is the need to update public infrastructure", says Henrik Normann President & CEO.

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BUSINESS IN FOCUS

https://www.nib.int/who_we_are/news_and_media/news_press_releases/3099/nib_s_eur_500m_arctic_lending_facility_fully_deployed

NIB's EUR 500m Arctic Lending Facility fully deployed

NIB launched the Arctic Financing Facility in 2015 to reflect the priorities by the Bank’s member countries to lend to sustainable development projects in the High North. Three years later, NIB has completed the facility. NIB now makes Arctic financing part of its normal business.

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INTERVIEWS & OPINIONS

Luca De Lorenzo: I join NIB to make the sustainable shift happen

“Working for a sustainable future inspires you to be both visionary and pragmatic. Your eyes need to be on the end-state of the green transformation, but everyday life makes it necessary to work on step-by-step improvements. The Chinese saying ‘A journey of a thousand miles begins with a single step’ describes this well”, says Luca De Lorenzo, NIB’s new Head of Sustainability and Mandate.

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NORDIC-BALTIC COOPERATION

https://www.nib.int/who_we_are/news_and_media/articles/3095/nordic_and_baltic_historian_rationality_unites_us

Nordic-Baltic historian: Rationality unites us

“The most significant shared value between Nordics and Baltics is the belief in the desirability of rational solutions. The importance of this should not be underestimated, not least in today’s world”, says Mart Kuldkepp, Associate Professor of Scandinavian History and Politics at University College London.

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FUNDING NEWS

Funding Highlights

Funding highlights

Monthly updated coverage of NIB's funding operations

See also:

Funding transactions

JOB OPENINGS

Administrative Accounting Specialist Finance Department, Accounting Unit Closing date: 23 Oct 2018
Infrastructure Manager Finance Department, IT Unit Closing date: 19 Oct 2018

AGREED LOANS

8 Oct 2018 Municipality of Norrtälje SEK 400 million Sweden
5 Oct 2018 Landsbankinn hf. USD 75 million Iceland
27 Sep 2018 Orusts Sparbank EUR 12.55 million Sweden
26 Sep 2018 Ferde AS EUR 104.52 million Norway
11 Sep 2018 African Export-Import Bank (Afreximbank) EUR 100 million Multilateral
5 Sep 2018 FERD AS EUR 103 million Norway
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