April 16, 2014 7:19 AM ET

Diversified Financial Services

Company Overview of Nordic Investment Bank

Company Overview

Nordic Investment Bank operates as an international financial institution that provides loans and guarantees to clients in the private and public sectors in the Nordic and Baltic countries. The company offers corporate loans, project and structured finance, sovereign loans, loan to municipalities, environmental loans, and guarantees, as well as loan programs to private and public projects in and outside its member countries, including Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. It finances projects in various sectors, such as energy, environment, infrastructure, transportation, telecom, heavy industry, mechanical engineering, and consumer goods and services sec...

Fabianinkatu 34

P.O. Box 249

Helsinki,  00171

Finland

Founded in 1975

183 Employees

Phone:

358 1061 8001

Fax:

358 1061 80725

Key Executives for Nordic Investment Bank

Chief Executive Officer
Age: 60
Chief Financial Officer
Age: 54
Head of Business Intelligence & Administration
Age: 53
Head of Funding & Investor Relations and Director
Head of Legal Department
Age: 54
Compensation as of Fiscal Year 2013.

Nordic Investment Bank Key Developments

Nordic Investment Bank Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2013

Nordic Investment Bank announced audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported net interest income of EUR 244,204,000 against EUR 251,693,000 a year ago. Operating income was EUR 271,404,000 against EUR 303,157,000 a year ago. Profit for the year was EUR 217,210,000 against EUR 209,205,000 a year ago. Total comprehensive income was EUR 217,210,000 against EUR 209,205,000 a year ago. Cash flows from operating activities, total were EUR 541,369,000 against cash flow used in operations of EUR 714,218,000 a year ago. Acquisition of intangible assets was EUR 2,440,000 against EUR 1,727,000 a year ago.

Nordic Investment Bank Reports Earnings Results for the Eight Months Ended August 2013

Nordic Investment Bank reported earnings results for the eight months ended August 2013. For the period, the company reported interest income of EUR 274,400,000 compared with EUR 341,120,000 for the same period last year. Net interest income was EUR 166,096,000 compared with EUR 164,810,000 for the same period last year. Operating income was EUR 183,183,000 compared with EUR 209,882,000 for the same period last year. Profit for the period was EUR 152,736,000 compared with EUR 161,777,000 for the same period last year. Negative cash flows from operating activities, total were EUR 343,086,000 compared with EUR 474,110,000 for the same period last year. Acquisition of intangible assets was EUR 1,506,000 compared with EUR 1,299,000 for the same period last year. Acquisition of tangible assets was EUR 425,000 compared with EUR 673,000 for the same period last year.

Nordic Investment Bank to Report 8 Months 2013 Results on Oct 14, 2013

Nordic Investment Bank announced that they will report 8 months, 2013 results on Oct 14, 2013

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