All agreed loans

China. Government through Ministry of Finance

Date of loan: 4 Sep 2008
Country: China
Customer: Government through Ministry of Finance
Amount in USD: USD 150 million
Amount in EUR: EUR 103.5 million
NACE sector / loan type: Loan programme
Business area: Financial institutions and SMEs

Project

NIB's 12th General Loan Programme in an amount of USD 150 million will finance projects of mutual interest in various sectors of the country's economy. NIB financing will ensure the necessary credit facilities for future projects with a significant Nordic/Baltic component in various sectors, and focusing in particular on the environment and social development.

Sustainability summary

The individual subprojects environmental impacts are limited and manageable on the basis of the small to medium scale of expected subprojects and the sectors the clients operates in. In the sectors proposed Nordic/Baltic technology represents state-of-the-art in reliability, efficiency and low environmental impacts.