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Norway: NIB signs EUR 96.6 million loan agreement with SpareBank 1 SMN for on-lending to SMEs and environmental projects

Description

On 11 March 2020, the Nordic Investment Bank (NIB) and SpareBank 1 SMN signed a loan agreement having a total value of EUR 96.6 million (approx. USD 108.9 million). The maturity of the loan is 6 years...

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Intervention Details

Intervention Type

Lending support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Mar 2020

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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