NIB in Finland

NIB has been operating in Finland since 1976, providing approximately EUR 14.8 billion in financing to more than 710 projects in the country.

Finland founded NIB together with the other Nordic countries in 1975. The Bank’s headquarters are located in Helsinki. Some of NIB’s latest financed projects in Finland include manufacturing facility for advanced medical products in Kuopio, LEED Platinum certified refurbishment of a historical building in Helsinki or Wärtsilä’s R&D investments.

Start of operations: 1976

Projects financed: over 710

Amount financed: ∼EUR 14.8 billion

In recent years, NIB has financed infrastructure improvements and energy transition in Finland. In addition, NIB loans have supported digitalisation, green buildings, and healthcare.

Looking ahead, NIB plans to increase its sustainability-linked lending. Since 2021, the Bank has provided such loans to Helen and Metso, supporting the green transition.

Authorised capital

Member country
Rating*
Authorised capital
Country’s share
DenmarkAaa/AAA1,763,074,493.79€21.1%
EstoniaA1/A+76,651,259.81€0.9%
FinlandAa1/AA+1,482,690,785.19€17.7%
IcelandA2/A+79,132,913.42€0.9%
LatviaA3/A111,830,807.21€1.3%
LithuaniaA2/A163,231,714.80€2.0%
NorwayAaa/AAA1,799,704,941.30€21.5%
SwedenAaa/AAA2,892,527,558.59€34.6%
Total 8,368,844,474.11€100.0%
* Credit ratings by Moody’s and Standard & Poor’s as of 31 May 2024

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Contact us

Kim Krokfors

Country Lead for Finland
+358 10 618 0517

Iiris Anttalainen

Associate Communications Officer
+358 10 618 0258

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