|Date of loan:||14 Dec 2009|
|Amount in EUR:||EUR 15 million|
|NACE sector / loan type:||Financial intermediation, except insurance and pension|
|Financial institutions and SMEs|
The 10-year-maturity loan totalling EUR 15 million has been provided for financing Sparbanken Finn's onlending for small-scale environmental investments in Sweden. Sparbanken Finn will channel the funds to projects that will reduce diffuse emissions to both air and water in the southern parts of Sweden. The investment will help alleviate the problem of low-level emissions that cumulatively have a significant impact on the environment.
The loan facility is aimed at households, farmers and small and medium-sized enterprises. In order to qualify for a loan, a project has to clean or reduce wastewater, reduce emissions to air, implement renewable energy systems or involve environmentally friendly agricultural improvements.
The loan to Sparbanken Finn will be utilised as sub-loans to finance environmental projects that various customers are carrying out in order to address diffuse emissions. The expected positive environmental effects are reduced or prevented emissions to air and water courses in southern Sweden, which also forms part of the Baltic Sea's drainage area.
The loan will be financed under NIB's BASE and CLEERE facilities.
NIB has signed a loan agreement with Helgeland Veiutvikling AS to finance a record long road tunnel in Helgeland, northern Norway.
14 Jun 2013
NIB and AB Electrolux have signed a SEK 1 billion (EUR 116 million) loan agreement for financing research and development activities.
13 Jun 2013
NIB and the city of Rovaniemi in northern Finland have signed loan agreement for an investment programme in local road infrastructure to be implemented in the time period 2012–2015.
12 Jun 2013