Robust support of NIB member countries. Sound financial and risk management. Strong capital adequacy. Conservative liquidity risk management. Relatively high leverage ratios. Comparatively high regional concentration of loan portfolio. Relatively complex funding profile. The ratings on Finland-based Nordic Investment Bank (NIB) reflect the strong membership support granted by the eight member countries and the bank's high asset quality, which has led to historically stable and predictable profitability. These strengths are offset by the bank's regionally concentrated loan portfolio and high leverage ratios. NIB was founded in 1975, with the aim of strengthening and developing Nordic cooperation and promoting growth in member countries by financing long-term projects in both the private and public sectors. It now focuses on competitiveness and the
RESEARCH Nordic Investment Bank Publication date: 28-Sep-2012 Primary Credit Analyst: Eileen X Zhang, CFA, London (44) 20-7176-7105; eileen_zhang@standardandpoors.com Secondary Contact: Per A Tornqvist, Stockholm (46) 8-440-5904;...
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Ratings On Nordic Investment Bank Affirmed At 'AAA/A-1+' On Criteria Revision; Outlook Stable – 2012/12/19 – US$ 150.00
Research Update: Ratings On Nordic Investment Bank Affirmed At 'AAA/A-1+' On Criteria Revision; Outlook Stable – 2012/12/19 – US$ 225.00
Nordic Investment Bank Ratings Affirmed At 'AAA/A-1+', Outlook Stable – 2013/10/09 – US$ 150.00
Research Update: Nordic Investment Bank Ratings Affirmed At 'AAA/A-1+', Outlook Stable – 2013/10/09 – US$ 225.00
Nordic Investment Bank – 2013/12/05 – US$ 500.00
Summary: Nordic Investment Bank – 2012/09/28 – US$ 225.00
Finland-Based Nordic Investment Bank Ratings Affirmed At 'AAA/A-1+' On Strong Member Support; Outlook Stable – 2012/08/15 – US$ 150.00
Research Update: Finland-Based Nordic Investment Bank Ratings Affirmed At 'AAA/A-1+' On Strong Member Support; Outlook Stable – 2012/08/15 – US$ 225.00
Nordic Investment Bank – 2011/09/28 – US$ 500.00
Summary: Nordic Investment Bank – 2011/09/28 – US$ 225.00
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