NIB and Sparbanken Nord sign third loan to support SMEs in Northern Sweden
The Nordic Investment Bank (NIB) and Sparbanken Nord have signed a SEK 200 million (approximately EUR 18 million) loan agreement to finance small and medium-sized enterprises (SMEs), smaller mid-caps (SMCs), and environmental projects in Sweden. The seven-year loan programme will be on-lent to SMEs and SMCs in Norrbotten, many of which are subcontractors to larger companies in the region. “Sparbanken Nord is an important local lender in the Arctic region in Sweden, and we are pleased to continue our cooperation by providing access to long-term and stable financing that benefits