All agreed loans

China. Government through Ministry of Finance

Date of loan: 24 Sep 2007
Country: China
Customer: Government through Ministry of Finance
Amount in USD: USD 50 million
Amount in EUR: EUR 35.4 million
NACE sector / loan type: Loan programme
Business area: Financial institutions and SMEs

Project

This is NIB's second Rural Area Loan Programme of USD 50 million, which will be used to finance projects of mutual interest in various sectors in rural areas in China. Future projects with a significant Nordic/Baltic component financed under the programme will be aimed at the improvement of living conditions, technological development and environmental improvements in the rural areas.

Sustainability summary

In the sectors proposed, Nordic/Baltic technology represents the state-of-the-art in reliability, efficiency and low environmental impacts.