NIB expands lending capacity with updated statutes

Nordic flags 230x150 AS
By Lewis McLellan
03 Sep 2020

Nordic Investment Bank has updated its statutes, modernising and improving its risk and capital management systems. Henrik Norman, the supranational’s CEO, believes the update will improve NIB’s flexibility and allow it to act more quickly as well as expanding its lending capacity.

NIB’s old leverage ratio capital management regime took a simplistic approach, taking account only of the supranational’s lending, and disregarding other treasury assets. “It also did not look at credit risk, so loans to triple-A rated credits required the same capital to be held against them as loans ...

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