Nordic Finance Group
NIB is part of the Nordic Finance Group, consisting of four international financial institutions located in the same block in Helsinki, Finland. The institutions within the group offer different types of financing and competences. In addition to NIB, the following institutions belong to the group:
- Nordic Development Fund (NDF)
NDF is a multilateral development finance organisation, providing grant financing for climate projects in poor developing countries.
- Nordic Environment Finance Corporation (NEFCO)
NEFCO is a risk capital institution financing environmental projects in Central and Eastern Europe.
- Nordic Project Fund (Nopef)
Nopef is an organisation that works to strengthen the international competitiveness of small and medium-sized enterprises by providing loans on favourable terms for cofinancing feasibility studies.
NDF, NEFCO and Nopef are owned by the five Nordic countries.
Read more about this topic: Nordic Investment Bank
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