NIB websiteNordic Investment Bank – Annual Report 2010

(22) RELATED PARTY DISCLOSURES  


The Bank provides services to and enters into transactions with the Nordic Development Fund (NDF) and the Nordic Environment Finance Corporation (NEFCO), which have for the most part the same owners as NIB. The following table shows the outstanding balance of amounts owed to NDF and NEFCO and the interest paid during the year. The interest paid to these institutions is at normal commercial rates.

 

 

(Amounts in EUR 1,000) Interest from related parties Interest to related parties Amounts owed by related parties
as of 31 Dec
Amounts owed to related parties
as of 31 Dec
2010 - 1,442 65 194,517
2009 - 3,896 112 202,489
 
Rental income (NDF, NEFCO)
(Amounts in EUR 1,000) NDF NEFCO
2010       114 184
2009 114 152

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