Nordic Investment Bank


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Nordic Investment Bank

A financial institution established by the governments of Denmark, Finland, Iceland, Norway and Sweden in 1975. It provides loans and similar funding to projects promoting sustainable development in member countries and in emerging markets, including the Middle East and Africa. In addition to its founding governments, members include Estonia, Latvia and Lithuania.
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Nordic Investment Bank is an international financial institution, whose member countries are Finland, Denmark, Estonia, Iceland, Latvia, Lithuania, Norway and Sweden.
13 October 2010 - The Nordic Investment Bank (NIB) said yesterday it provided a loan of EUR25m to Danish wind turbines maker Vestas Wind Systems AS (CPH: VWS).
The Nordic Investment Bank (NIB) is expected to participate in the incinerator project with a loan of Euro 9 million, whilst the international Nordic Dimension partnership, which includes the European Union, the Baltic countries and Russia, will contribute Euro 6.4 million.
The Nordic Investment Bank (NIB) and the Latvian government-owned railway infrastructure manager, VAS Latvijas Dzelzce?s, have inked a new 12-year loan deal worth a total of EUR 22.8 million, to modernise locomotives.
Nordic Investment Bank (NIB) has said that it has provided a loan of USD50m to the Inter-American Investment Corporation (IIC) for onward lending to environmental projects in Latin America.
6 October 2011 - Nordic Investment Bank (NIB) has priced at par a NOK1bn (USD169.4m/EUR127.3m) floating-rate note maturing on 13 October 2016, Reuters said today.
6 October 2010 - The Nordic Investment Bank (NIB) said today it provided a loan of EUR40m to Finnish chemical company Kemira Oyj (HEL: KRA1V).
Other sources of finance for the project include the Nordic Investment Bank and the Mexican Government.
Statnett, a grid operator of Norway, has been successful to secure EUR 106 million in funds from the Nordic Investment Bank (NIB) to part fund a new 420 KV power line project.
The Nordic Investment Bank (NIB) and Finland-based Pohjola Bank Plc (HEL: POH1S) have signed a loan agreement.
21 September 2010 - The Nordic Investment Bank (NIB) announced today that it provided a loan of EUR60m to Swedish metal producer Boliden AB (STO: BOL).
At the meeting, Finnish national Johnny Akerholm, President and CEO of the Nordic Investment Bank (NIB), was elected Chairman and Karl-Peter Schakmann-Fallis, an executive member of the German Savings Bank Association, was elected Vice-Chairman of the Group.
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