• Largest annual disbursements ever of EUR 2.7 billion
  • Loans agreed totalled EUR 2.8 billion
  • NIB’s strategy review completed


  • NIB to increase lending to SMEs and mid-sized corporates
  • NIB to put more emphasis on non-member-country lending

In 2015, new loans approved by NIB’s Board of Directors totalled EUR 3.1 billion. Of this, NIB agreed 45 loans amounting to EUR 2.8 billion. More than half of the new loans were made to new borrowers, accomplishing NIB’s effort to broaden its client base. Loan disbursements increased to EUR 2.7 billion, reaching an all-time high.

The purpose of NIB’s lending is to fulfil the Bank’s mandate of improving competitiveness and the environment of the Nordic and Baltic countries. NIB rates all potential loans internally according to their mandate contribution. Only projects that contribute sufficiently strong to NIB’s mandate fulfilment, qualify for loan approval. The share of lending with a “good” or “excellent” mandate rating continued to be at a very high level, accounting for 94% of loans agreed in 2015.

The total amount of loans outstanding increased to EUR 15.6 billion by 31 December 2015, from EUR 15.2 billion the preceding year, despite a high level of early redemptions of loans during the year. This reflects the strong liquidity in the financial markets in NIB’s member region. Prepayments also occurred as a consequence of the Bank protecting its creditor’s rights and in connection with renewal of engagements.

No guarantees were outstanding at the end of the year 2015.

During 2015, NIB concluded the strategy review process that was initiated the preceding year. The key conclusion was that the Bank’s present business model is to remain the foundation of the Bank’s activities, but that in order to have flexibility and stay relevant for the future, complementary new products and associated measures should be introduced.

Loans agreed

NIB_2015graphs_pilar_Loans agreed


Loans outstanding

NIB_2015graphs_pilar_Loans outstanding-11