Iceland founded NIB together with the other Nordic countries in 1975. Some of NIB’s latest financed projects in the country include R&D investments for prosthetics and bracing supports, on-lending to SMEs and small-scale environmental projects and the replacement of overhead electricity lines with underground cables.
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.
Stéfan Jón Friðriksson
NIB in Denmark
NIB has been operating in Denmark since 1978.
NIB in Estonia
NIB has been operating in Estonia since 1994.
NIB in Finland
NIB has been operating in Finland since 1976.
NIB in Latvia
NIB has been operating in Latvia since 1995.
NIB in Lithuania
NIB has been operating in Lithuania since 1994.
NIB in Norway
NIB has been operating in Norway since 1977.
NIB in Sweden
NIB has been operating in Sweden since 1977.
What we finance
Read more about the general conditions for granting loans, including purpose, scope, share and types of costs.
How it works
See what the eligibility criteria are and what both your company and NIB can do to make this financing journey a success.