|Date of loan:||23 Dec 2016|
|Amount in SEK:||SEK 500 million|
|Amount in EUR:||EUR 51.8 million|
|NACE sector / loan type:||Loan programme|
|Financial institutions and SMEs|
The loan programme is provided for onlending to small and medium-sized enterprises (SMEs), small mid-caps and environmental projects in the region of Skåne in southern Sweden.
Given the extensive reach of Sparbanken Skåne among small companies in the region, funds under this facility will be onlent for productive investments to clients in a broad range of sectors, including farming, manufacturing, trade, construction and corporate services.
Sparbanken Skåne is the largest of the Swedish independent savings banks. It was established in 2014 through a merger of Färs & Frosta Sparbank, Sparbanken 1826 and parts of Sparbanken Öresund’s business. It is a regional bank with a presence in 15 municipalities in southern Sweden.
The facility is expected to alleviate credit constraints for SMEs and small mid-caps and facilitate productivity growth.
Projects to be financed through a financial intermediary must fulfil the sustainability requirements defined in NIB’s Sustainability Policy and Guidelines.
A loan to the Finnish Wärtsilä Corporation will finance its expansion into hydro-industrial services and strengthen its digital product portfolio.
16 Feb 2017
A loan to Össur, an Icelandic developer of orthopaedic solutions, will finance in part the company’s R&D programme during 2016–2019 and to re-finance the acquisition of Touch Bionics.
8 Feb 2017
In 2017, NIB is participating as observer to an expert group set up to provide recommendations for the European Commission on sustainable finance.
19 Jan 2017