Robust support of NIB member countries Strong asset quality Ample liquidity Relatively high gearing and leverage ratios Comparatively high regional concentration of loan portfolio The extremely strong capacity of Nordic Investment Bank (NIB) to honor its financial obligations in a timely manner reflects the strong membership support of NIB member countries, its strong liquidity position, and its very high asset quality, which leads to stable and predictable profitability. NIB was founded in 1975, with the aim of strengthening and developing Nordic cooperation and promoting growth in member countries by means of financing long-term projects in both the private and public sectors. Since then, NIB has had the unerring support of member governments. Authorized capital amounted to €4.1 billion at the