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NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody’s.

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NIB lends to Tide Buss for electric buses in Norway

The Nordic Investment Bank (NIB) has approved an investment loan of up to NOK 241 million to Tide Buss AS to finance the purchase of electric buses that will be operated under long-term concessions granted by the respective Public Transportation Authorities in Vestfold, Sogn and Sunnhordland in Norway.The total project cost is NOK 498 million and NIB will finance up to 50% of the total project costs. The project is co-financed by DNB and includes the purchase of 105 electric buses.   In Sogn and Sunnhordland, the new electric buses will replace parts of Tide’s existing fleet of diesel

NIB supports infrastructure investments at Klaipėda Seaport

The Nordic Investment Bank (NIB) has signed a EUR 55.5 million uncommitted credit facility with AB Klaipėda State Seaport Authority to support an infrastructure investment programme at Klaipėda Seaport in Lithuania. The financing will support upgrades aimed at strengthening maritime safety, increasing capacity, improving environmental performance, and enhancing security and operational resilience. The programme includes improvements to navigational infrastructure and port access, new passenger and cruise facilities, modernisation of Port Authority assets, and the deployment of low-

NIB supports energy resilience in the Baltics

· NIB has signed a EUR 60 million, 7-year loan with energy company Gren Group to co-finance investments in energy infrastructure across Estonia, Latvia and Lithuania.   · The project includes investments in infrastructure such as district heating and cooling networks, combined heat and power production, and in industrial energy services.  · The loan agreement has an option to increase the loan size by an additional EUR 15 million.The investments include investments to essential energy infrastructure across the three Baltic countries, including expansion of existing district heating

NIB delivers solid first quarter financial results

· During Q1/2026, NIB disbursed EUR 588 million (EUR 458 million in Q1/2025) in new financing. · NIB’s core earnings, represented by the net interest income, were stable at a high level of EUR 85 million (EUR 85 million) and net profit was EUR 63 million (EUR 70 million). · To further support the goals of the Nordic and Baltic countries, NIB published its new Climate and Nature Strategy at the end of the first quarter. André Küüsvek, NIB President and CEO, said: “Business activity for NIB remained at a good level during the first three months of the year. In the first quarter, we

NIB finances electricity and water infrastructure upgrades in Borlänge, Sweden

· NIB and the Municipality of Borlänge have signed a SEK 250 million 15-year uncommitted credit facility to co-finance utility infrastructure investments. ·The project includes an investment programme for electricity grids, as well as investments in drinking water and wastewater networks. ·The financing would be on‑lent to Borlänge Energi, the municipal utility company responsible for implementing the projects.     The electricity grid investment programme for 2025–2029 focuses on renewing, reinforcing and expanding Borlänge’s distribution network. By laying around 55

NIB supports geothermal power production increase in Iceland

· NIB and Reykjavík Energy have signed a ISK 4,625 million (EUR 32 million) 10-year loan to co-finance investments at ON Power’s Hellisheiði geothermal power plant during 2025– 2027.   · The project includes expanding thermal production, drilling a new production well, and constructing a new maintenance and storage facility.  · The total project cost is ISK 6,338 million.Reykjavik’s population has grown steadily over the last decade and is expected to continue growing throughout the 2030s. The planned investments will strengthen security of supply and prepare for rising demand.

NIB finances nursing home and healthcare facilities in Reykjavik, Iceland

· NIB has signed an ISK 4,375 million (EUR 29 million) loan with the Icelandic real estate company Reitir hf.  ·The 10-year loan will co-finance the conversion of two former office buildings into a nursing home and health care facilities in Reykjavik.   ·The total project costs are ISK 8,750 million.The Icelandic public health care system faces challenges including an ageing population, limited hospital capacity, workforce shortages and long waiting times for elective and specialist care. At the same time, Iceland has fewer long-term care beds per 1,000 inhabitants aged 65 or

NIB lends to upgrade Norway’s transmission grid

The Nordic Investment Bank (NIB) has signed a 15-year loan with Norway’s transmission system operator Statnett SF to to strengthen grid capacity, improve security of supply, and support electrification and the energy transition in Norway. The EUR 174.3 million (NOK 2 billion) loan will co-finance Statnett’s upgrading of the 47-kilometre Surna–Viklandet transmission line from 300 kV to 420 kV, largely along the existing route southwest of Trondheim. The project will increase regional transmission capacity and enable higher north–south power flows, helping to reduce a key bottleneck in the

NIB signs first sustainability-linked loan to real estate sector with Entra ASA

·NIB has signed a 12-year sustainability-linked loan (SLL) with Norwegian real estate company Entra ASA.   ·The NOK 1.5 billion loan will finance Entra’s sustainability investments.   ·Entra has committed to reducing its greenhouse gas emissions in line with the Paris Agreement’s 1.5°C target, and the company’s near-term and long-term emission reduction targets are validated by the Science Based Targets initiative (SBTi).The interest rate margin on the sustainability-linked loan with Entra is connected to key performance indicators (KPIs) pertaining to the reduction of

NIB to finance new arrivals terminal at Vilnius Airport

The Nordic Investment Bank (NIB) and Lithuanian Airports have signed a loan agreement of EUR 33.4 million to finance the construction of a new arrivals terminal at Vilnius Airport. The investment will increase the airport’s capacity and improve passenger flow by reducing bottlenecks, while also enhancing safety and baggage handling processes. The financing forms part of a broader EUR 53.4 million loan agreement to support the airport’s infrastructure development programme for 2025–2028. An initial EUR 20 million has already been allocated to the implementation of a new ground

NIB Governors approve EUR 86 million dividend payment

On 25 March 2026, the Board of Governors approved the Nordic Investment Bank’s annual accounts for 2025 and a dividend payment of EUR 86 million to its Nordic and Baltic member countries.In 2025, NIB disbursed EUR 3.9 billion in new financing, increasing financing outstanding to EUR 24,089 million, a 2.2% increase from 2024. The Bank achieved high mandate fulfilment, with 98.1% of disbursed funds allocated to projects rated as “good” or “excellent” for their impacts on the environment and/or productivity. The largest share of disbursed lending was directed to R&D programmes, energy

NIB finances production and logistics facilities for Snellman Group in Finland

· The Nordic Investment Bank (NIB) has signed a 7-year EUR 30 million loan with Oy Snellman Ab, parent company for Snellman Group. · The loan will finance new production facility and planned dispatch facility in Western Finland. · The investment supports the increased capacity, automation and energy efficiency of Snellman Group’s operations.   The loan will be used to co-finance investments in a new pet food factory in Pedersöre and a planned new dispatch logistics centre at Snellman Group’s food production facility in Pietarsaari.The new facilities will replace existing

NIB supports the development and renovation of schools and kindergartens in Turku, Finland

· NIB and the City of Turku have signed a EUR 250 million 25-year uncommitted credit facility to co-finance the construction and renovation of schools and kindergartens.  · The total costs of the project are approximately EUR 503 million. · Construction and renovation work is scheduled for 2024–2029.The project includes 11 comprehensive schools, five combined school-and-kindergarten facilities, three stand-alone kindergartens, and one upper-secondary vocational school. The majority of buildings in the project are entirely new constructions and will follow the RTYL environmental

NIB strengthens SME financing in Latvia through ALTUM

The Nordic Investment Bank (NIB) has signed a loan agreement of EUR 50 million with JSC Development Finance Institution ALTUM to support small and medium-sized enterprises (SMEs) across Latvia. The funding will be used for a wide range of SME investments, including equipment purchases (such as agricultural machinery, production machinery, and equipment for service providers), property investments (including agricultural or production facilities), as well as working capital loans. The programme primarily targets loans below EUR 1 million, with a dedicated portion for smaller loans (

NIB reports high business activity and strong earnings for 2025

· During 2025, NIB disbursed EUR 3,891 million (EUR 4,353 million in 2024) in new financing. New financing committed was EUR 4,753 million (EUR 5,021 million). · Net interest income was EUR 349 million (EUR 332 million) and net profit EUR 287 million (EUR 256 million). · In 2025, NIB revised its Sustainability Policy and made its first defence loans. · The year marked 20 years of Baltic membership and 50 years since the NIB’s founding agreement was signed. André Küüsvek, NIB President and CEO said: “In 2025, NIB achieved strong results, characterised by a large number of

NIB joins IFI partners to support EU eastern border regions

The Nordic Investment Bank (NIB), together with the European Investment Bank (EIB) Group, the European Bank for Reconstruction and Development (EBRD), the Council of Europe Development Bank (CEB) and national and regional promotional banks, have today signed a joint declaration in support of the EU’s eastern border regions.The signatories highlight the severe security, economic, and social impacts of Russia’s war of aggression against Ukraine on the EU eastern border regions. These areas have faced reduced investments and trade, placing additional strain on their communities. In response to

NIB to finance upgrades to Riga water systems

The Nordic Investment Bank (NIB) has agreed on a credit facility of up to EUR 50 million with SIA Rīgas ūdens to support a 2025–2028 investment programme for wastewater treatment and clean-water infrastructure. The aim is to improve service reliability and quality and to cut non-revenue water. The total programme cost is EUR 235 million and is also co-financed by a EUR 70 million loan from the European Investment Bank, as well as funding raised through green bond issuances. The project includes the replacement of more than 9 km of drinking water pipelines and 14 km of wastewater

NIB finances battery storage addition to solar park in Denmark

· The Nordic Investment Bank (NIB) has signed a 11-year, EUR 21.5 million loan with Solar Park Kvosted. · The investment will co-finance the construction and operation of a 50MW/200MWh battery energy storage system (BESS) at Solar Park Kvosted in Denmark. · The project, in Viborg Municipality in Central Jutland, is owned by European Energy A/S and is supported by the InvestEU programme.   The loan will enable Solar Park Kvosted ApS to transform its existing 100 MWp solar PV park into a hybrid facility by adding a large-scale battery system, making it one of the largest of its

NIB finances Estonian Drone Technology Infrastructure

· NIB and Estonian Metrosert AS have signed a 10-year loan agreement to finance investments in a new Drone Technology Unit within the Applied Research Centre in Tallinn, Estonia. · The EUR 11.4 million loan will finance the unit, which will include laboratories supporting the development and life cycle of unmanned vehicles. · The investment is part of a broader government-backed initiative to enhance Estonia’s national R&D capacity. Most activities at the unit will be related to defence.The Drone Technology Unit is designed to focus on R&D in unmanned aviation, communications,

NIB finances construction of nine new educational buildings in Vilnius

The Nordic Investment Bank (NIB) has signed an EUR 84 million loan agreement with UAB Vilnius Education Infrastructure to finance the construction and operation of nine new educational buildings in Vilnius, Lithuania. A matching EUR 84 million will be provided by the European Investment Bank (EIB). UAB Vilnius Education Infrastructure is a subsidiary of Vilnius Development Company (Vilniaus vystymo kompanija), and is responsible for implementing and financing the project, including the construction of new facilities. The project will deliver five kindergartens and four schools in

NIB finances fibre rollout in Denmark

The Nordic Investment Bank (NIB) and TDC NET A/S have signed a 7-year EUR 50 million loan to finance the company’s fibre broadband network rollout investments during 2025–2027, primarily in the Greater Copenhagen area. The financing will help meet the growing demand for high-speed broadband and support Denmark’s digital infrastructure. The investment will expand fibre-to-the-premises coverage and increase activation. Enhanced connectivity supports businesses with cloud, automation and e‑commerce solutions, while households benefit from reliable access to remote work, education and public

NIB finances timber office building in Gothenburg

The Nordic Investment Bank (NIB) has signed a 10-year loan agreement with Vasakronan AB for the construction of Kaj 16 in Gothenburg, one of Sweden’s largest timber building projects, where 12 of the 16 storeys will be built in wood. The property will be certified under LEED at the highest Platinum level.The SEK 1 billion (EUR 91 million) loan will co-finance the construction of the 30,000 sqm office building of mixed-use space for large companies, entrepreneurs and innovators. Move‑in is planned from mid‑2027. SEB will be the anchor tenant, leasing 12,800 sqm under a 10-year agreement,

NIB to support Tallinn Airport expansion

The Nordic Investment Bank (NIB) and Tallinna Lennujaam AS (Tallinn Airport) have agreed on a EUR 40 million uncommitted facility to finance the airport’s capacity increase. The 20-year loan will support a phased expansion programme to be completed by 2030. The project will support Tallinn Airport’s long-term development by increasing capacity, improving the passenger experience, and enhancing operational efficiency. By strengthening international air connectivity, the expansion will contribute to the growth of Estonia’s business and tourism sectors. In 2024, Tallinn Airport served 3.

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