All agreed loans

Finland. Suomen Hypoteekkiyhdistys

Date of agreement: 12 May 2010
Country: Finland
Customer: Suomen Hypoteekkiyhdistys
Amount in EUR: EUR 12 million
Maturity: 7 years
NACE sector / loan type: Construction
Business area: Financial institutions and SMEs

This loan contributes to climate change mitigation: 100%


The 7-year-maturity loan totalling EUR 12 million has been provided for onlending to Finnish households and housing companies for implementing energy efficiency projects which have positive environmental impacts. The projects aim to reduce emissions to air by means such as heat pumps or ground heat, or by installing better house insulation. Moreover, the projects might implement renewable energy by, for example, changing to pellet heating, installing small scale wind power or solar panels.

The loan will be allocated under NIB's CLEERE facility.

Suomen Hypoteekkiyhdistys (The Mortgage Society of Finland), founded in 1860, is an independent finance company specialising in housing loans. The Mortgage Society is a mutual company in which the members are the borrower clients.

Sustainability summary

Suomen Hypoteekkiyhdistys has an environmental policy and environmental procedures adapted to its size and the nature of its business. The loan programme will be allocated to energy efficiency measures, which gives the project an environmental investment share of 100%.

Press release

NIB rahoittaa kotitalouksien ja taloyhtiöiden energiatehokkuutta Suomessa


Press release

NIB-lån stödjer energieffektivitet i privathushåll och bostadsbolag