NIB and Sparebanken Møre fund SMEs in Norway
The Nordic Investment Bank (NIB) and the Norwegian Sparebanken Møre have launched a six-year loan facility for onlending to small and medium-sized enterprises (SMEs) in the savings bank’s market area Nordvestlandet.The NOK 500 million (EUR 45.66 million) loan programme will co-finance projects that will increase the competitiveness of SMEs in various sectors such as real estate, fishing, services and offshore supply.
“I am pleased to continue our partnership with Sparebanken Møre that we started in 2002 which is essential for NIB in reaching out to the many businesses in Nordvestlandet.