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NIB and Ringkjøbing Landbobank have agreed on a new loan programme totalling DKK 200 million (EUR 27 million) for financing environmental projects, small and medium-sized enterprises (SMEs) and small mid-cap companies in Denmark.
The new ten-year facility will be used to finance renewable energy projects and SME and small mid-cap investments in machinery and equipment and other investments in various industries. NIB and Ringkjøbing Landbobank have been cooperating in financing smaller businesses and environmental projects since 1999.
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.
Original source: NIB.
Posted on 15 September 2017