Financial institutions
Small and medium-sized enterprises (SMEs) and small mid-caps are an integral part of the economy. To reach out to smaller businesses, NIB concludes loan programmes for on-lending through financial institutions, such as commercial banks, leasing companies and other financial organisations. We can also engage in risk-sharing facilities with local financial institutions as well as invest in MREL-eligible bonds.
On-lending
Through financial intermediaries, we finance SMEs and small mid-caps in our member countries. Our loans can be used to finance both tangible capital as well as related working capital with tenors of at least one year.
By on-lending, we can also finance small-scale environmental and energy efficiency projects. Projects and investments financed through a financial institution shall also fulfill NIB’s mission to improve productivity and / or benefit the environment.
MREL lending
We invest in MREL (minimum requirement for own funds and eligible liabilities) eligible bonds offered by Nordic-Baltic financial institutions to further support them in SME lending. Such investments support the banks’ regulatory compliance, funding base diversification and the increase of their loss-absorption capacity.
