Annual Report 2012
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NIB at a glance

Nordic Investment Bank offers long-term financing to projects that strengthen competitiveness of the Nordic-Baltic region and enhance the environment. Projects considered for financing are viewed from a sustainable growth perspective. NIB is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.

Lyse Energi AS upgrades its electricity grid in Norway with a 10-year maturity loan from NIB.

President’s review

Henrik Normann:

"In 2012, NIB signed
42 loan agreements
totalling EUR 2.4 billion.

The share of our loans that reached good or excellent mandate fulfilment was close to 100%. This shows the significance of NIB as a financier of major projects in the Nordic-Baltic region."

Financial highlights

Haldor Topsøe A/S, Denmark

NIB signed a 10-year maturity loan

to co-finance a catalyst and technology R&D programme to improve production of energy and biomass into chemicals and fuels.

Loan agreement totalling DKK 250 million (EUR 33