3 Jul 2020
EUR 60 million
Financial institutions and SMEs
|Date of agreement:||4 Sep 2008|
|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|
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.
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.