NIB and Ringkjøbing Landbobank support environmental projects, SMEs and SMCs in Denmark

The Nordic Investment Bank (NIB) and Danish Ringkjøbing Landbobank (RLB) have signed a new ten-year loan agreement amounting to DKK 500 million for on-lending to environmental projects and to small and medium-sized enterprises (SMEs) as well as smaller midcaps (SMCs) in Denmark.

A substantial part of the loan is expected to be allocated to environmental projects such as renewable energy projects. The remaining will support Danish SMEs and SMCs, which form a significant portion of RLB’s loan portfolio.

NIB and RLB have been cooperating in financing smaller companies and environmental projects for over 25 years. During this period, several loan facilities have been concluded, enabling RLB to diversify its funding sources and secure financing that aligns with the typical loan tenors for environmental projects and SMEs.

Established in 1886, Ringkjøbing Landbobank is a Danish regional and niche bank with retail banking operations in central, western, and northern Jutland.

NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody’s.

For further information, please contact:

Joakim Häger, Senior Banker, +358 10 618 0439, Joakim.Hager@nib.int

Ralf Hansson, Senior Banker, +358 10 618 0268, Ralf.Hansson@nib.int

Iiris Anttalainen, Communications Officer, +358 10 618 0258, Iiris.Anttalainen@nib.int