NIB launches SME loan facility with Sparbanken Skåne
The Nordic Investment Bank (NIB) and Sweden’s Sparbanken Skåne have agreed on a loan programme totalling SEK 500 million (EUR 52 million) for on-lending to SMEs, small mid-caps, and environmental projects. The seven-year facility will finance SME and small mid-cap investments in a broad range of sectors, including farming, manufacturing, trade, construction and corporate services as well as being available for projects with environmental benefits. This is NIB’s first loan to Sparbanken Skåne, the largest of the Swedish independent savings banks and the result of the 2014 merger of