Financial Institutions

Through financial intermediaries, we normally finance small and medium-sized enterprises and small midcaps in the member countries. Loans from NIB can be used to finance both tangible capital as well as related working capital with tenors of at least one year. We also finance small-scale environmental and energy efficiency projects through financial intermediaries. These projects should directly or indirectly result in decreased emissions of greenhouse gases or reduced discharges of nutrients into the Baltic Sea or of harmful substances into any waterway in the member countries.

In non-member countries, we offer project-specific programmes or general onlending programmes with selected financial institutions to finance investments that involve a member country interest and that meet the Bank’s criteria for productivity gains of member country companies. In addition, projects may, if applicable, also be required to meet NIB’s environmental criteria for climate change mitigation.

The potential impact of projects will be evaluated on a case-by-case basis. The focus may be, for example, on identifying and financing projects that benefit from expertise and technologies from NIB’s member countries.