NIB publishes Interim Financial Report January-June 2020
On 27 August, the Nordic Investment Bank (NIB) published its interim financial report for January-June 2020. The Bank’s lending increased significantly year-on-year because of lending to alleviate the effects of the COVID-19 crisis to member countries and sustainable businesses in the region.“The COVID-19 pandemic has caused a sharp decline in global economic activity, threatening growth and employment also in the Nordic and Baltic countries. The Nordic-Baltic ministers, who are the Governors of NIB, invited the Bank already at the end of March to take swift action to help alleviate the