Our year in brief

This is our year in brief. Here, you will find NIB's annual report 2020, our interim reports and other highlights that happen throughout the year.



NIB Impact Report 2020


“Although dealing with the coronavirus crisis is essential, it is of utmost importance that long-term challenges, such as climate change, shall not be forgotten. Financing jobs may come first and the green transition second during this crisis, but these two things need to go hand-in-hand in the long run. If we do not get the green transition right—that all of us feel included—the green transition could become detested, and not receive the support it needs. Equal economic opportunities are an important driver for productivity and long-term sustainable growth,” writes Henrik Normann, NIB's President & CEO in our Impact Report 2020.

Download the Report to learn more about the impact of our lending activities, Covid-19 response, environmental bonds and internal operations management.

The Report also includes our sustainability reporting according to Global Reporting Initiative, and our first attempts at providing information in accordance with the Principles for Responsible Banking and the Task Force on Climate-related Financial Disclosures.


Impact Report 2020


Impact Report 2020


Key highlights 2020

Impact of loans disbursed in 2020


Impact of NEB-financed projects in 2020

NIB Financial Report 2020


In 2020, NIB’s business activities were shaped by the efforts to alleviate the effects of the COVID-19 pandemic. The Bank increased its lending significantly by providing Response Loans.

NIB disbursed a total of EUR 4,853 million, of which EUR 1,470 was paid out as Response Loans. 98% of the mandate-rated loans were assesed to have a "good" or "excellent" impact on productivity or the environment.

The Bank raised EUR 7.5 billion in new funding through 38 transactions. In order to finance the Response loans, NIB established a Response Bonds Framework and issued two Response Bonds.

The net profit came to EUR 165 million. The Bank did not record any realised loan losses.


Financial Report 2020


Financial Report 2020


 Key highlights 2020

EUR 4,853 million in loans disbursed

EUR 1,470 million in Response Loans

EUR 7.5 billion raised in new funding

98% mandate fulfillment


Loans disbursed in 2020: EUR 4,853 million

Geographical distribution
Column 1
Non-member countries0.7

Loans disbursed in 2020, by economic category


NIB Statutory changes


NIB's Nordic and Baltic owner countries have updated the Bank's Statutes. The amended Statutes are in force as of 29 July 2020.

“The banking world has changed immensely during the last ten years. By modernising the Statutes, we have adapted to the developments and secured our strong position for the future. The changes will ensure continued adherence with sound banking principles and help us to maintain our support for the sustainable growth of the Nordic and Baltic countries,” says Henrik Normann, NIB President & CEO.

Summary of the changes

Legal framework


Amendments cover the following areas:

Capital and liquidity management

Abolishment of PIL and MIL loan facilities and increase of authorised capital

Control Committee

Equity participations

Board of Governors Principles for Capital and Liquidity Management




Mr Jens Hellerup

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

Mr Luca De Lorenzo

Senior Director
Head of Sustainability & Mandate
+358 10 618 0297

Mr Jukka Ahonen

Senior Director
Head of Communications
+358 10 618 0295