Institution details
Nordic Investment Bank (NIB) (NIB)
Key facts
- Established in 1975
- Ownership: Public
- Fabianinkatu 34
- None
- https://www.nib.int
Latest update: 03/12/2021
rating type | rating agency | type | rating |
---|---|---|---|
Institution rating | S&P | Foreign currency | AAA |
Products
- Loans
Loans
- Corporate loans
- Sovereign loans: Granted either against a sovereign guarantee or as a direct loan to a government
- Loans to municipalities: Granted either against a municipal guarantee or as a direct loan to a municipal entity
- Loan programs: Used in both member and non-member countries for on-lending through financial intermediaries
- Investments in green bonds: NIB can purchase listed green bonds issued by companies and municipalities in its member countries
- This financing complements NIB’s ordinary lending and supports the green bond market
- The investments are used to finance projects that are environmentally sustainable and contribute to mitigating climate change - Project and structured finance
- Non- and limited-recourse project financing
- Structured loans for complex financing and leveraged borrowers
- A/B-loans
- Private public partnership (PPP) financing
- Leasing structures
- Guarantees - Non-member country lending: NIB can finance investments outside its membership region, however a member country interest in the project is a prerequisite
Performance highlights
What's new?
- NIB and the Development Bank of Southern Africa (DBSA) launched a EUR 95 million loan facility for projects with Nordic–Baltic interests in African countries
- NIB launched a 7.5-year EUR 500 million NIB Environmental Bond (NEB), and the proceeds from this transaction will be allocated to a separate portfolio for onward disbursement of loans to selected new environmental projects
- NIB and the African Export-Import Bank (Afreximbank) signed a 10-year loan program of EUR 100 million to finance various infrastructure projects in African countries
- NIB may make loans and issue guarantees up to a total amount equivalent to 250% of the authorized capital stock (currently EUR 6.14 billion) and accumulated general reserves - In addition to these limits, NIB has special lending facilities guaranteed by the member countries
- All loan projects are assessed for their potential productivity gains and environmental benefits
- NIB has signed the European Principles of the Environment together with four other European international financial institutions