| Borrower | Project | Sector |
| Green Cargo, Sweden | Financing the upgrade of 42 electric and 62 diesel locomotives at Green Cargo. | Environment, Transport, logistics and communications |
| UPM-Kymmene Oyj, Finland | Investment in a new chemical recovery plant at a pulp and paper mill in Kymi, Finland. | Environment, Manufacturing and mining |
| Central American Bank for Economic Integration (CABEI) | Loan programme focused mainly on renewable energy and public transport projects. | Financial intermediary |
| Northern Capital Gateway LLC, Russia | Reconstruction and expansion of the Pulkovo Airport in St Petersburg. | Transport, logistics and communications |
| Energa SA, Poland | Modernisation and construction of low- and medium-voltage electricity networks. | Environment, Energy |
| Rajakiiri Oy, Finland | Financing of the construction of a wind power park in Tornio in northern Finland. | Environment, Energy |
| Suomen Hypoteekkiyhdistys, Finland | Onlending to households and housing companies for financing of projects that improve energy efficiency. | Environment, Energy |
| Fortum Oyj, Finland | Investment programme for building up remote reading systems in energy metering. | Environment, Energy |
| Outotec Oyj, Finland | Investment programme in research and development. | Environment, Innovation |
| Transitio AB, Sweden | Purchase of new trains to increase railway efficiency. | Environment, Transport, logistics and communications |
| Nokia Siemens Networks Finance B.V., Netherlands and Nokia Siemens Networks Oy, Finland | Investment in a research and development project, aimed at integrating several wireless technologies into a Single RAN (radio access network). The Single RAN can be upgraded via remote software solutions, which will simplify the operation of mobile networks. | Environment, Transport, logistics and communications, Innovation |
| Rautaruukki Corporation, Finland | Modernisation and reconstruction of the iron production and related environmental technology in the company’s steelworks in Raahe, Finland. The renewal will help modernise the manufacturing process so that it conforms to the latest environmental and technical standards. | Environment, Manufacturing and mining |
| Vattenfall AB, Sweden | Upgrade of hydropower plants in 2006–2013. A major part of the task involves reducing the environmental impact of Vattenfall's operations and utilising water resources more efficiently. The investments are mainly focused on the replacement of turbines, generators and transformers. | Environment, Energy |
| VAS Latvijas Dzelzcels, Latvia | Investment programme for the renewal of the east-west railway corridor in 2010–2013. | Environment, Transport, logistics and communications |
| Lahti Energia Oy, Finland | Construction of a gasification-based waste-to-energy plant in the city of Lahti in southern Finland. | Environment, Energy |
| Hafslund ASA, Norway | Expansion and upgrade of the transmission grid in the Oslo region. | Environment, Energy |
| Swedish Hospital Partners, Sweden | Public-private partnership (PPP) project to design, build, finance and operate the New Karolinska Solna Hospital, in order to meet the future demands of specialised healthcare. | Innovation, Services and other |
| Banco Itaú BBA, Brazil | Loan programme for financing projects that are of mutual interests to Brazil and NIB's member countries. | Financial intermediary |
| Socialist Republic of Vietnam | Loan programme for onlending to projects within various sectors using modern, state-of-the-art technologies and equipment supplied by companies from NIB's member countries. | Financial intermediary |
| SSAB, Sweden | Expansion of one of the company's plants in Sweden, to increase the volume of high strength steel products. | Manufacturing and mining |
| TINE SA, Norway | Construction of a new dairy facility in southern Norway, which will replace four older dairies in the same region. | Environment, Energy |
| Bons Ventos Geradora de Energia S.A., Brazil | Construction of four wind parks with a total power generation capacity of 157.5 MW in Brazil. | Environment, Energy |
| Boliden Mineral AB, Sweden | Expansion of the metal company's electronic scrap recycling plant in Rönnskär, Sweden. | Environment |
| Vilnius City Government, Lithuania | Construction of the city's western bypass road and sludge treatment plant as well as renovation of schools. | Environment, Energy, Transport, logistics and communications |
| Kemira Oyj, Finland | Financing of R&D at a centre of water efficiency excellence. | Environment, Innovation |
| Vestas Wind Systems A/S, Denmark | R&D programme focusing on the development of a new type of 3 MW wind turbine for low and medium wind regimes. | Environment, Innovation |
| Banco Nacional de Desenvolvimento Economico e Social, Brazil | General loan programme for onlending to projects fulfilling NIB's mandate within various sectors. | Financial intermediary |
| Fingrid Oyj, Finland | Construction of a 170-kilometre electricity inter- connection between Estonia and Finland, Estlink 2. |
Energy |
| Elering OÜ, Estonia | Construction of a 170-kilometre electricity inter- connection between Estonia and Finland, Estlink 2. |
Energy |
| People's Republic of China | Loan programme to finance environmental projects complying with NIB's mandate within various sectors and aimed at improving the environmental situation in China through pollution abatement and the application of environment-friendly technologies. | Financial intermediary |
| People's Republic of China | General Loan Programme XIII to finance projects complying with NIB's mandate within various sectors. | Financial intermediary |
| Finnfund Oy, Finland | Onlending to small and medium-sized companies for environmental projects. | Environment, Energy |
| Nokia Siemens Networks Finance B.V., Netherlands and Nokia Siemens Networks Oy, Finland | R&D activities towards Single RAN (radio access network) base station technology. | Environment, Transport, logistics and communications, Innovation |
| Norsk Hydro ASA, Norway | Investments in the field of research and development, environment and the company's hydropower operations. | Environment, Energy, Innovation |
| Greenland Self Rule Government, Denmark | Construction of a new hydropower plant at Sisimiut on the west coast of Greenland. | Environment, Energy |
| Bulgarian Development Bank, Bulgaria | Onlending to projects that comply with NIB's mandate, mainly in the production of renewable energy. | Financial intermediary |
| Ringkjøbing Landbobank A/S, Denmark | Loan programme earmarked for investments in wind power projects in Jutland, Denmark. | Environment, Energy |
| Oulun Osuuspankki Oyj, Finland | Onlending to private households, housing companies, SMEs and large corporations for projects in the areas of energy efficiency and wastewater treatment. | Environment, Energy |
| Nedbank Limited, South Africa | Onlending to a telecom project that will upgrade and expand the South African telecom operator Cell-C's telecom network in South Africa. | Transport, logistics and communications |
The list is in chronological order.
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