The full form of NIB is Nordic Investment Bank.

The Nordic Investment Bank (NIB) is an international financial institution founded in 1975 by the five Nordic states (Denmark, Finland, Iceland, Norway and Sweden). In 2005, the three Baltic countries (Estonia, Latvia and Lithuania) also became members of the Bank. NIB’s headquarters are located in Helsinki, Finland. NIB acquires the funds for its lending by borrowing on the international capital markets.

Member countries, structure & capital

NIB provides sustainable, long-term financing to customers in both the private and public sectors on competitive market terms to complement commercial lending. Our products include corporate and sovereign loans, loans to municipalities, loans to public-private partnerships, loan programmes, investments in labelled bonds, project & structure finance and lending outside the member countries.

NIB’s mission is to finance projects that improve productivity and benefit the environment of the Nordic and Baltic countries.

The mission was given by the Bank’s owner countries to address the needs of the region and the challenges it is facing – sustainable growth, technological innovation, climate change, the development of circular economy and the protection of marine environments.