Nordic Investment Bank

The Nordic Investment Bank (NIB) is an international financial institution founded in the mid-1970s by the five Nordic countries: Denmark, Finland, Iceland, Norway and Sweden. In 2005, Estonia, Latvia and Lithuania became members of the Bank. NIB’s headquarters are located in Helsinki, Finland. NIB acquires the funds for its lending by borrowing on the international capital markets.

Read more about Nordic Investment Bank:  Mission, Strategy, Corporate Responsibility, Structure and Management, Legal Framework, Cooperation, Nordic Finance Group

Famous quotes containing the words investment and/or bank:

    The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.
    —For the State of Massachusetts, U.S. public relief program (1935-1943)

    When she could hide him no longer she got a papyrus basket for him, and plastered it with bitumen and pitch; she put the child in it and placed it among the reeds on the bank of the river.
    Bible: Hebrew, Exodus 2:3.