3 Apr 2020
EUR 400 million
|Date of agreement:||4 Dec 2015|
|Customer:||Ringkjøbing Landbobank A/S|
|Amount in DKK:||DKK 150 million|
|Amount in EUR:||EUR 20.1 million|
|NACE sector / loan type:||Loan programme|
|Business area:||Financial institutions and SMEs|
The loan programme has been provided for financing environmental projects and small and medium-sized enterprises (SMEs). Typical eligible investment would involve the financing of machinery and equipment in various industries, for instance in agricultural or fishing industry.
Ringkjøbing Landbobank, established in 1886, is a full-service regional bank that ranks among the ten largest banking groups in Denmark in terms of total assets.
Competitiveness: Improved access to financing is expected to support productivity growth in SMEs.
Environment: A certain part of the loan programme’s funds may be used in renewable energy production.
The potential risk for negative environmental impact is assessed to be low.