Robust support of NIB member countries Strong asset quality Ample liquidity Sound financial and risk management 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 is underpinned by the strong membership support of the eight NIB member countries, and the bank's high asset quality, which has led to historically stable and predictable profitability, although some deterioration was evident in 2008. 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. The bank also finances projects
