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Latvia takes over chairmanship of Nordic Investment Bank's Board of Directors
BC, Riga, 08.06.2016.
Print version
Print versionAs of June 1, 2016 Latvia has taken over the chairmanship of Nordic Investment Bank's (NIB) Board of Directors for a period of two years, LETA was told at the Treasury.
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The NIB chairmanship rotates among the member countries. Finland chaired the NIB's Board of Directors for the past two years.
NIB is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden and finances investment projects in different sectors.
Latvia is a NIB member since January 1, 2005.
Latvia is represented on NIB's Board of Directors by Treasury head Kaspars Abolins and Finance Ministry undersecretary of state Liga Klavina.
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