6 Aug 2019
EUR 52 million
Industries and services
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.
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.
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
NIB contributes to the prosperity and sustainability of the Nordic-Baltic region by providing long-term loans to its customers. In 2018, NIB recorded the highest lending volumes in its history. The demand for long-term financing was largely driven by corporate borrowers. During the year, the Bank also increased its lending to Arctic and Baltic projects, as well as to SMEs via financial intermediaries.
Download our Financial Report 2018 to learn more about the Bank's activities and financial results.
EUR 4,330 million in loans agreed
EUR 4,047 million in loans disbursed
EUR 6.6 billion raised in new funding
EUR 40 million in dividends proposed
In 2018, NIB issued an NIB Environmental Bond (NEB) for EUR 500 million. With the transaction, the Bank further anchored its status as a leading Nordic-Baltic issuer of environmental bonds.
"During the year, we updated our criteria for selecting environmental projects and improved our impact reporting on project level", says Lars Eibeholm, NIB's Head of Treasury.
Download our NIB Environmental Bond Report 2018 to learn more about the Bank's activity on the green bond market and the impact of NEB-financing.
EUR 500 million in NEBs issued
164,465 tons of CO2e reduced annually
415 GWh added in increased renewable energy generation per year
|Clean transport solutions||5%|
|Water & waste management||4%|
Head of Funding and Investor Relations
+358 10 618 0340
Head of Sustainability and Mandate
+358 10 618 0297
Head of Communications
+358 10 618 0295