NIB Governors approve €86 million dividend payment

March 26, 2026

On March 25, 2026, the Board of Governors approved the Nordic Investment Bank’s annual accounts for 2025 and a dividend payment of EUR 86 million to its Nordic and Baltic member countries.

In 2025, NIB disbursed EUR 3.9 billion in new financing, increasing financing outstanding to EUR 24,089 million, a 2.2% increase from 2024.

The Bank achieved high mandate fulfilment, with 98.1% of disbursed funds allocated to projects rated as “good” or “excellent” for their impacts on the environment and/or productivity. The largest share of disbursed lending was directed to R&D programmes, energy generation and transmission, and buildings.

High business activity was combined with strong profitability. NIB recorded a net profit of EUR 287.4 million in 2025, an increase of 12.2% from EUR 256.1 million in 2024, driven mainly by core earnings in the form of record-high net interest income.

Against a backdrop of continued geopolitical tensions and Russia’s war in Ukraine, NIB has adapted to shifting regional priorities by revising its Sustainability Policy. Changes introduced in 2024 enabled defence-related financing, and since July 2025 this has also included conventional weapons and ammunition. These policy adjustments were accompanied by the Bank’s first disbursements to the defence sector.

Elisabeth Svantesson, Sweden’s Minister for Finance and Chair of NIB’s Board of Governors said:

“NIB’s record profitability and strong mandate fulfilment underscore the Bank’s effectiveness in delivering on shared Nordic-Baltic priorities. The Bank’s swift adaptation to enable defence-related financing reflects our collective commitment to strengthened resilience in a challenging geopolitical environment.”

“As we mark NIB’s 50th anniversary this year, the Bank stands as a trusted multilateral instrument for advancing Nordic-Baltic prosperity and security.”

The Board of Governors, representing member countries at the ministerial level, appointed Arvils Ašeradens—Latvia’s Minister of Finance and NIB Governor—as Chair for the term June 1, 2026 to May 31, 2027.

The NIB Annual Report 2025 is available here.

NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody’s.

Contact

Jukka Ahonen
Head of Communications
+358 10 618 0295
[email protected]

Originally published on March 26, 2026 by Nordic Investment Bank.