Nordic Investment Bank

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Nordic Investment Bank

NIB member states, as of 2005
Abbreviation	NIB
Type	International financial institution
Headquarters	Helsinki, Finland
Membership	Denmark  Faroe Islands  Greenland  Estonia  Finland  Åland Islands  Iceland  Latvia  Lithuania  Norway  Sweden
President	André Küüsvek[1]
Website	www.nib.int

The Nordic Investment Bank (NIB) is an international financial institution founded in 1975 by the five Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden). In 2005, the three Baltic states (Estonia, Latvia, and Lithuania) also 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.