Our year in brief

This is our year in brief. Here, you will find NIB's annual report 2019, our interim reports and other highlights that happen throughout the year.

 

 

NIB Financial Report 2019

Summary

In 2019, sustainable finance was higher up on the global agenda than ever before. NIB agreed 55 loans for projects that improve productivity and benefit the environment, and invested in nine green bonds, altogether amounting to EUR 3,316 million. 98% of loans agreed were assessed to have a "good" or "excellent" impact in at least one of the Bank's two mandates.

Disbursements were EUR 2,676 million. The net profit came to EUR 182 million, and NIB's Board of Directors proposes that EUR 45 million be paid in dividends to the Bank's Nordic and Baltic member countries for the year.

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NIB Financial Report 2019

19.2.2020

NIB Financial Report 2019

 
 
 

Key highlights 2019

EUR 3,316 million in loans agreed

EUR 2,676 million disbursed

EUR 4.9 billion raised in new funding

EUR 45 million proposed in dividends

 

 

Loans disbursed in 2019: EUR 2,676 million

Geographical distribution
Column 1
Sweden33%
Norway30%
Finland23%
Denmark4%
Lithuania3%
Estonia2%
Iceland2%
Latvia1%
Non-member countries1%

Loans agreed in 2019 by economic category

 

NIB Environmental Bond Report 2019

Summary

In 2019, NIB issued its first SEK 2 billion Nordic-Baltic Blue Bond to address water-related challenges in our member countries. In addition, a EUR 500 million Environmental Bond was also issued.

Throughout the year, the Bank remained engaged in several external initiatives to promote sustainable finance, and became a signatory to the Principles for Responsible Investment (PRI). 

Download our NIB Environmental Bond Report 2019 on the right to read more about our bond issuance and the environmental impact of the projects we financed.

More information on NIB Environmental Bonds

 
 
 

Key highlights 2019

EUR 693 million in NEBs issued

First Nordic-Baltic Blue Bond issued

13 ex-post assessments carried out to follow up on project impact

Participation in international efforts to develop the green bond market

 

Total NEB issuance in 2019

NEB investors 2019, by investor type

Asset managers37%
Banks25%
Pension & insurance23%
Central Banks14%
Other1%

NEB investors 2019, by geographical region

Europe (excl. Nordics)49%
Nordics33%
Asia (excl. Japan)10%
Japan8%
 

Graphs include all projects financed under the NEB Framework in 2019. The NEB Framework covers both Environmental Bonds and Nordic-Baltic Blue Bonds.

 

Impact of NEB-financed projects 2011-2019

 

NIB's Interim Management Statement January-September 2019

Summary

On 31 October, NIB published its interim financial report for the nine-month period ending 30 September 2019. A total of EUR 1,608 million in new loans were agreed and EUR 1,799 million were disbursed.

NIB’s mission is to finance projects that contribute to the productivity and benefit the environment of the Nordic and Baltic countries. Before approval is given in each individual case, all eligible projects are evaluated and rated against criteria based on the Bank’s mission. By 30 September, loans achieving a “good” or “excellent” mandate rating accounted for 99% of loans agreed.

 
 

 

 

 

 

NIB's Interim Management Report January-June 2019

Summary

On 30 August 2019, NIB published its 6-month interim financial report. During the half year ending on 30 June, a total of EUR 1,339 million were agreed in new loans and EUR 1,484 million were disbursed.

"Demand for long-term financing from NIB is still strong. The disbursments in the first half of the year were, as anticipated, lower than the historically high levels of 2018", says Henrik Normann, NIB President & CEO.

The net profit for the period amounted to EUR 95 million, down from EUR 110 million for the corresponding period of the previous year.

 
 

 

NIB's Interim Management Statement January-March 2019 (unaudited)

Summary

NIB has published its first quarter unaudited interim management statement.

During the three-month period ending 31 March 2019, a total of EUR 605 million in new loans were agreed and EUR 547 million were disbursed. As anticipated, the disbursements in the first quarter of the year were lower than the historically high level of 2018. The net profit for the period amounted to EUR 54 million, up from EUR 49 million for the corresponding period in 2018.

 

 

 

 

NIB's Activity Report 2018

Summary

In 2018, most of NIB's long-term financing went to projects that support the economy’s overall efficiency in the use of capital, labour and raw materials.

We also updated our mandate rating framework, which we use to analyse the impact of projects, to better adapt to latest developments in sustainable finance, technology and environmental science.

In addition, we have been active in several Nordic and Baltic sustainability initiatives, and participated in setting new standards for the sustainable finance industry.

Download NIB's Activity Report 2018 to learn more about our lending activities, our stakeholder engagements, about working at NIB, how we handle integrity and anti-corruption measures, and our sustainability reporting according to GRI.

Download

Activity Report 2018

14.3.2019

Activity Report 2018

 
 

 

 

Key activities 2018

58 new loans agreed

Two new non-member country frameworks signed

Stakeholder survey 2018 

Participation at UN Climate Conference COP 24 and political events in the Nordics

 

Loans agreed 2018

New borrowings in 2018

 
 

Impact of projects financed by NIB in 2018

 

SME

R&D

 

Human capital

Connectivity

 

NIB's added value, according to our stakeholders:

Professional staff

Sustainable financier

Sustainability impact

 
 

Contacts

 

Mr Jens Hellerup

Senior Director
Head of Funding and Investor Relations
+358 10 618 0340

Mr Luca De Lorenzo

Head of Sustainability and Mandate
+358 10 618 0297

Mr Jukka Ahonen

Senior Director
Head of Communications
+358 10 618 0295