Denmark. Ringkjøbing Landbobank A/S
| Date of agreement: | 04 Dec 2015 |
|---|---|
| Country: | Denmark |
| Customer: | Ringkjøbing Landbobank A/S |
| Amount in DKK: | DKK 150 million |
| Amount in EUR: | EUR 20.1 million |
| Maturity: | 10 years |
| NACE sector / loan type: | Loan programme |
Project
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.
Fulfilment of NIB's mandate
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.
Sustainability summary
The potential risk for negative environmental impact is assessed to be low.
