...S&P Global Ratings bases its ratings on Nordic Investment Bank (NIB) on its assessment of NIB's very strong business profile and extremely strong financial profile. A rebound in loan disbursements to record high levels in 2016 has resulted in solid earnings. Combined with a focus on lending to public entities, this has cemented the institution's extremely strong capital position, which underpins our assessment of its stand-alone credit profile (SACP) at '###'. Denmark, Sweden, Norway, Finland, and Iceland founded NIB as the Nordic countries' joint international financial institution in 1975. Its primary purpose is to promote economic growth in member countries by financing medium-and long-term projects in the private and public sectors that strengthen competitiveness and enhance the environment by promoting green growth initiatives. The five founding member countries enjoy some of the highest per capita incomes of all rated sovereigns. In January 2005, NIB expanded its membership for the...
