NIB publishes Interim Financial Report January–September 2021
On 28 October, NIB published its interim financial report for January–September 2021. The Bank is in a strong financial position with solid capital and liquidity ratios.The net profit for the nine-month period amounted to EUR 124 million compared to EUR 119 million in the same period in 2020. This increase in profit is mainly due to reduced loan loss provisioning offset by an increase in unrealised losses on financial operations. During the nine months, NIB agreed a total of EUR 880 million in new loans and disbursed EUR 1,646 million, compared to EUR 3,941 million and EUR 3,482 million