Estonia joined NIB in 2005 with the other Baltic countries. Some of NIB’s latest financed projects in the country include adding sun and wind to the regional grids with Enefit Green, modernising wastewater and stormwater infrastructure in Tallinn as well as ensuring better healthcare services in Ida-Viru Central Hospital.
Start of operations: 1994
Projects financed: over 190
Amount financed: over EUR 1.9 billion
In recent years, NIB has mostly financed public sector projects in Estonia. The Bank has provided financing for multiple public sector projects in the country, especially supporting healthcare and infrastructure projects. Additionally, NIB has financed Estonian renewable energy generation projects.
Looking ahead, NIB aims to continue to support the green transition, bolster digital transformation infrastructure, and increase cooperation with privately owned companies to enhance the productivity and competitiveness of Estonia.
Authorised capital
Member country | Rating* | Authorised capital | Country’s share |
| Denmark | Aaa/AAA | 1,763,074,493.79€ | 21.1% |
| Estonia | A1/AA- | 76,651,259.81€ | 0.9% |
| Finland | Aa1/AA+ | 1,482,690,785.19€ | 17.7% |
| Iceland | A2/A+ | 79,132,913.42€ | 0.9% |
| Latvia | A3/A+ | 111,830,807.21€ | 1.3% |
| Lithuania | A2/A+ | 163,231,714.80€ | 2.0% |
| Norway | Aaa/AAA | 1,799,704,941.30€ | 21.5% |
| Sweden | Aaa/AAA | 2,892,527,558.59€ | 34.6% |
| Total | 8,368,844,474.11€ | 100.0% |
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