Governors express strong support for NIB
(Thomson Reuters ONE) -
At its annual meeting today in Turku, Finland, the Board of Governors expressed
strong support for NIB's activities in the current economic situation. They
agreed to decide on the capital base of the Bank during the coming weeks.
"NIB should further direct its lending capacity towards its four focus sectors:
environment; energy; transport, logistics and communication; and innovation.
These are sectors which still suffer from the economic crisis in the membership
area," says Ms Ingrida Simonyt?, Finance Minister of Lithuania, who chaired the
Board meeting.
In 2009, the share of these focus sectors rose already to 76 % of the
disbursements and a further increase is envisaged for 2010.
At the meeting, the Board of Governors approved NIB's annual accounts for 2009.
No dividends will be made available to the Bank's member countries.
The Board of Governors, in which the member countries are represented at the
ministerial level, appointed the Governor for Latvia as its Chairman for the
period 1 June 2010 until 31 May 2011.
NIB provides long-term financing in the form of loans and guarantees based on
sound banking principles for activities in which NIB can add value and
complement other financing sources. The Bank has gradually grown into a
financial institution with a balance sheet of approximately EUR 22.4 billion and
a loan portfolio of EUR 13.8 billion. In 2009, disbursements were at EUR 2
billion.
The Nordic Investment Bank is the common international financial institution of
the eight Nordic and Baltic countries. NIB provides long-term financing to the
energy, environmental, transport, logistics and communications, and innovation
sectors for projects that strengthen competitiveness and enhance the
environment. NIB has the highest possible credit rating, AAA/aaa, with the
leading rating agencies Standard & Poor's and Moody's.
For further information, please contact
Mr Johnny Åkerholm, President & CEO, at +358 10 618 001, info(at)nib.int
Mr Jukka Ahonen, Director of Communications, at +358 10 618 0295,
jukka.ahonen(at)nib.int
[HUG#1418475]
Unternehmensinformation / Kurzprofil:
Datum: 25.05.2010 - 12:56 Uhr
Sprache: Deutsch
News-ID 21405
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Helsinki
Kategorie:
Business News
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