7 Nov 2019
EUR 150 million
Energy and water
|Date of agreement:||26 Oct 2010|
|Customer:||Government through Ministry of Finance|
|Amount in USD:||USD 150 million|
|Amount in EUR:||EUR 107.8 million|
|NACE sector / loan type:||Loan programme|
|Business area:||Financial institutions and SMEs|
NIB's General Loan Programme XIII will finance projects complying with NIB's mandate within various sectors. The financing will be allocated to modernisation projects that can benefit from Nordic/Baltic state-of-the-art technologies and equipment sought by Chinese counterparties, including hospitals, food and other manufacturers, education institutions, broadcasting companies, fire fighting, central heating and environmental projects.
NIB actively promotes investments in Nordic/Baltic technology that directly or indirectly improves the environment. Each allocation under the loan programme will be reviewed for compliance with NIB's environmental policy and guidelines and assessed on its own merits. Within many sectors, where NIB is active, Nordic/Baltic technology represents state-of-the-art environmental performance.