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International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 00:35

Nordic Investment Bank issues loans worth EUR 1.1 bln in Baltic states

BC, Tallinn, 15.03.2017.Print version
The Nordic Investment Bank (NIB) in the Baltic states has issued EUR 1.1 bln worth of loans to projects in the Baltic states since 2005, according to the bank’s statements.

On December 31, 2016, the bank’s loan portfolio in the Baltic states reached EUR 917 mln.


By the end of last year NIB had issued EUR 232.1 million in loans in Latvia, including 32% issued to environment projects, EUR 215.3 mln in Estonia, including 40% to environment projects, and EUR 625.2 mln in Lithuania, including 78% to environment projects.


The Nordic Investment Bank is an international Nordic-Baltic financial institutions that promotes sustainable growth of its member countries by providing long-term complementary financing based on sound banking principles to projects that strengthen competitiveness and enhance the environment.






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