NIB’s third quarter results: Strong earnings and focus on green transition
During the first nine months of 2023, the Nordic Investment Bank (NIB) delivered net profits of EUR 195 million (EUR 84 million in the same period in 2022) and disbursed EUR 2,050 million (EUR 2,883 million).During the quarter, new loans were signed to finance marine decarbonisation and new renewable energy capacity and to strengthen the electricity distribution networks in the region, for example.NIB continued to prioritise high impact projects. During the first nine months of 2023, projects achieving a “good” or “excellent” mandate rating accounted for 99.8% of the total amount of