Which bank, founded in 1975, is the international financial institution of the Nordic countries?

The Nordic Investment Bank, founded in 1975, is the international financial institution of the Nordic countries.

Denmark, Finland, Iceland, Norway, and Sweden established the Nordic Investment Bank in 1975. The institution provides long-term financing for projects that improve productivity and benefit the Nordic and Baltic region. Its lending has supported areas such as infrastructure, energy, environmental protection, and innovation.

The bank's headquarters are in Helsinki, Finland. The Baltic countries—Estonia, Latvia, and Lithuania—joined the institution in 2005, expanding its membership beyond the original Nordic group.

The Nordic Investment Bank is not a central bank and does not issue a national currency. It is also different from the Nordic Development Fund, which is a separate institution focused on climate and development financing. The bank raises funds primarily through international capital markets and lends to eligible projects and borrowers.