NIB in Sweden

NIB has been operating in Sweden since 1977, providing approximately EUR 19.2 billion (SEK 2017 billion) in financing to approximately 600 projects in the country.

Sweden 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 battery electric vehicles, onshore wind farm near Sundsvall and the renewal of PostNord’s fleet and related infrastructure.

Start of operations: 1977

Projects financed: ∼600

Amount financed: over EUR 19.2 billion

In recent years, NIB has especially supported the automotive cluster in Sweden, which includes companies such as Scania, Volvo Cars, SEEL, Northvolt, AstaZero, and RISE. NIB’s loans have funded projects such as electromobility, road safety, and material research.

Looking ahead, NIB aims to continue to support the green transition and accelerate innovation.

Authorised capital

Member country
Rating*
Authorised capital
Country’s share
DenmarkAaa/AAA1,763,074,493.79€21.1%
EstoniaA1/AA-76,651,259.81€0.9%
FinlandAa1/AA+1,482,690,785.19€17.7%
IcelandA2/A+79,132,913.42€0.9%
LatviaA3/A+111,830,807.21€1.3%
LithuaniaA2/A+163,231,714.80€2.0%
NorwayAaa/AAA1,799,704,941.30€21.5%
SwedenAaa/AAA2,892,527,558.59€34.6%
Total 8,368,844,474.11€100.0%
* Credit ratings by Moody’s and Standard & Poor’s as of 10 November 2023

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Contact us

Nicolas Audibert

Country Lead for Sweden
+358 10 618 0689

Arild Moen

Associate Communications Director
+358 10 618 0496

NIB in Denmark

NIB has been operating in Denmark since 1978.

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NIB in Estonia

NIB has been operating in Estonia since 1994.

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NIB in Finland

NIB has been operating in Finland since 1976.

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NIB in Iceland

NIB has been operating in Iceland since 1977.

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NIB in Latvia

NIB has been operating in Latvia since 1995.

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NIB in Lithuania

NIB has been operating in Lithuania since 1994.

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NIB in Norway

NIB has been operating in Norway since 1977.

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What we finance

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How it works

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