NIB launches second loan facility with Norway's Sparebanken Sør
The Nordic Investment Bank (NIB) and Norway's Sparebanken Sør have launched a new NOK 1 billion (€105 million) seven-year loan facility for onlending to small and medium-sized enterprises and environmental projects in Southern Norway.
The funds of this second facility will also be onlent to SMEs to finance investments in real estate, machinery and equipment, as well as to environmental projects in the regions of Vest-Agder, Aust-Agder, Telemark and Rogaland in southern Norway, where Sparebanken Sør provides financial services.