NIB in Iceland

NIB has been operating in Iceland since 1977, providing approximately EUR 2.5 billion (ISK 378 billion) in financing to more than 220 projects in the country.

Start of operations: 1977

Projects financed: over 220

Amount financed: ∼EUR 2.5 billion

In recent years, NIB has especially supported the utilities and financials sector, which includes companies such as Isavia, Rarik, Íslandsbanki, Össur and Landsnet. NIB’s loans have funded projects in fields such as energy, on-lending, and infrastructure.

Looking ahead, NIB aims to continue to support the green transition and accelerate renewable energy generation.

Authorised capital

Member country
Authorised capital
Country’s share
Total 8,368,844,474.11€100.0%
* Credit ratings by Moody’s and Standard & Poor’s as of 10 November 2023

Latest loans

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Contact us

Stéfan Jón Friðriksson

Country Lead for Iceland
+358 10 618 0512

Arild Moen

Associate Communications Director
+358 10 618 0496

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Read more about the general conditions for granting loans, including purpose, scope, share and types of costs.

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