All agreed loans

Denmark. Ringkjøbing Landbobank A/S

Date of loan: 4 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
Business area: Financial institutions and SMEs

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.

Press release

NIB og Ringkjøbing Landbobank starter ny SMV-facilitet i Danmark