Nordic Investment Bank (NIB) continues to play an important role in providing financing to the private sector, mainly in its member countries. NIB enjoys strong support from its shareholders and its financial risk profile remains robust. We therefore affirmed our 'AAA/A-1+' ratings on NIB. The outlook remains stable. On March 28, 2025, S&P Global Ratings affirmed its 'AAA' long-term and 'A-1+' short-term issuer credit ratings on Nordic Investment Bank (NIB). The outlook remains stable. The stable outlook reflects S&P Global Ratings' view that NIB will fulfil its mandate through the credit cycle, and that its robust risk management policies will ensure high credit quality in its lending book. We also expect the bank will retain its shareholders' support, endorsing its
