March 04, 2015 2:08 AM ET

Banks

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 private and public sectors in the Nordic and Baltic countries. The company operates through two segments, Lending and Treasury Operations. It offers corporate loans, project and structured finance, sovereign loans, loans to municipalities, environmental loans, and guarantees, as well as loan programs to private and public projects in member and non-member countries, including Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The company also provides asset, liability, and portfolio management services. It finances projects in various sectors, suc...

Fabianinkatu 34

P.O. Box 249

Helsinki,  00171

Finland

Founded in 1975

185 Employees

Phone:

358 1061 8001

Fax:

358 1061 80725

Key Executives for Nordic Investment Bank

Chief Executive Officer, President, Chairman of Credit Committee, Chairman of Asset & Liability Committee and Member of Finance Committee
Age: 61
Head of Business Intelligence & Administration, Vice President and Member of Credit Committee
Age: 54
Head of Funding & Investor Relations and Director
Head of Legal Department, General Counsel and Member of Credit Committee
Age: 55
Head of Communications and Director
Compensation as of Fiscal Year 2014.

Nordic Investment Bank Key Developments

Nordic Investment Bank Presents at 6th Annual Baltic Energy Summit, Nov-26-2014

Nordic Investment Bank Presents at 6th Annual Baltic Energy Summit, Nov-26-2014 . Venue: Crowne Plaza Hotel, Helsinki, Finland. Speakers: Yngve Soderlund, Senior Manager.

Nordic Investment Bank Reports Unaudited Earnings Results for the Eight Months Ended August 2014

Nordic Investment Bank reported unaudited earnings results for the eight months ended August 2014. For the period, the company reported net interest income of €159,152,000 against €166,096,000 a year ago. Operating income was €184,823,000 against €183,183,000 a year ago. Profit/loss for the period was €148,467,000 against €152,736,000 a year ago. Cash flows from operating activities, total were €89,769,000 against €343,086,000 a year ago. Acquisition of intangible assets was €1,122,000 against €1,506,000 a year ago. Acquisition of tangible assets was €636,000 against €425,000 a year ago. A slight decrease in the bank's profit, reflected the pressure of margins on NIB's net interest income.

Nordic Investment Bank Appoints Bjorn Ordell as Chief Financial Officer, Vice-President and Head of Risk & Finance, Effective April 2015

Bjorn Ordell from Sweden has been appointed Chief Financial Officer, Vice-President and Head of Risk & Finance at Nordic Investment Bank (NIB). He will be a member of the Executive Committee and responsible for the Bank's functions within Risk & Finance, including risk management, financial administration and accounting. Mr. Ordell will take up his appointment in April 2015 at the latest. Bjorn Ordell has worked as CFO and Vice President at Landshypotek Bank since 2007, with responsibility for funding, market risk and accounting. Mr. Ordell succeeds Juha Kotajoki, who resigned from this position in March 2014.

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