Nordic Investment Bank
NIB member states, as of 2005 | |
| Abbreviation | NIB |
|---|---|
| Type | International financial institution |
| Headquarters | Helsinki, Finland |
| Membership | |
President | André Küüsvek |
| Website | www |
The Nordic Investment Bank (NIB) is an international financial institution founded in 1975 by the five Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden). In 2005, the three Baltic states (Estonia, Latvia, and Lithuania) also became members of the Bank. NIB’s headquarters are located in Helsinki, Finland. NIB acquires the funds for its lending by borrowing on the international capital markets.