NIB Nordic Investment Bank

Article

5 Oct 2016

NIB and Deutsche Leasing Sverige launch facility for small businesses

Financing facility

NIB and Deutsche Leasing Sverige AB have launched a EUR 20 million facility to finance equipment leasing for small and medium-sized enterprises and small mid-caps in NIB’s member countries.

The facility, with a maturity of five years, will assist SMEs and small mid-caps in the acquisition of production equipment. The loan programme is expected to alleviate credit constraints and facilitate productivity growth.

“NIB places particular emphasis on support for smaller businesses, as they account for the lion’s share of employment in the Nordic and Baltic countries. NIB cooperates with intermediary financial services providers in the region. We are welcoming Deutsche Leasing Sverige as our new financing partner”, says Henrik Normann, NIB President & CEO.

Deutsche Leasing Sverige AB was established in 2006. It provides leasing services in Sweden as well as in Denmark, Finland and Norway. SMEs account for 80% of the company’s customers and mid-caps for 20%. The company is a member of the Deutsche Leasing Group, which offers leasing as well as other SME-oriented financing products and services, such as factoring. Deutsche Leasing’s international network comprises over 20 countries in the world.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

For further information, please contact
Mr Ralf Hansson, Senior Manager, Origination, at +358 10 618 0268,

Mr Dimitrijs Alehins, Senior Communications Specialist, at +358 10 618 0296,

 
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