NIB Nordic Investment Bank

Loan

Denmark. Ringkjøbing Landbobank A/S

Date of loan: 15 Sep 2017
Country: Denmark
Customer: Ringkjøbing Landbobank A/S
Amount in DKK: DKK 200 million
Amount in EUR: EUR 26.88 million
Maturity: 10 years
NACE sector / loan type: Loan programme

Sectors

Financial institutions and SMEs

Project

The loan programme has been provided for financing environmental projects and small and medium-sized enterprises (SMEs). Prior the new facility, since 1999, NIB has granted fourteen loan facilities placed with Ringkjøbing Landbobank for Danish SMEs and renewable energy projects, with a total disbursed amount of EUR 215 million. Ringkjøbing Landbobank, established in 1886, is a full-service regional bank that ranks among the ten largest banking groups in Denmark in terms of total assets.

Fulfilment of NIB's mandate

Improved access to financing is expected to support productivity growth in SMEs. A part of the loan programme’s funds may be used in renewable energy production.

Sustainability summary

The potential risk for negative environmental impact is assessed to be low.

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  • AR2016

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