NIB’s facility to help cut diffuse emissions in southern Sweden

NIB has opened a SEK 150 million (EUR 18 million) loan programme with Swedish Sparbanken Öresund AB for small-scale investments aimed at reducing environmental footprint of SMEs and households.

The funds will be onlent to small and medium-sized enterprises and households in southern Sweden in order to reduce diffuse emissions to air and water that are otherwise difficult to address due to their small size and large number.

Eligible investments should fall into one of the following categories: reduction or cleaning of wastewater discharge; reduction of nutrient runoff from agriculture; improved heat insulation; change from fossil-fuelled heating to pellets, small-scale wind power or solar panels.

Sparbanken Öresund AB is an independent regional bank based in the Malmö region in southern Sweden. The bank is the seventh largest full service bank in Sweden and has 33 branches, serving 216,300 retail customers and more than 16,000 corporate customers.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

For further information, please contact

NIB
Mr Ulf Westergård, Senior Manager Origination, at +358 10 618 0234,

Mr Dimitrijs Alehins, Senior Communications Specialist, at +358 10 618 0296,

Sparbanken Öresund AB

Göran Sjöberg, Head of Corporate Market, at +46 40 608 1310,