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NIB meaning in Banking ?

Answer» What is Nordic Investment Bank mean?


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

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