| (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 | ||||
TERMS & CONDITIONS | COPYRIGHT NORDIC INVESTMENT BANK | CONTACT | ANNUAL REPORT 2010 | ABBREVIATIONS | SITEMAP
