News
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Good results in a challenging year
2/25/2021
KBN’s profit for the year was NOK 1,159 million in 2020 as compared to NOK 1,283 million in 2019. KBN’s lending to the local government sector grew by 2.7% in 2020. KBN’s lending to projects with a clear climate ambition continues to grow the most strongly.
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Andrea Søfting appointed as new CFO of KBN
2/25/2021
Andrea Søfting is appointed as new CFO of KBN. Søfting joined KBN from SpareBank 1 Ringerike Hadeland, where she held the position as CFO.
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Excellent start to KBN 2021 funding program
1/7/2021
KBN took advantage of an early funding window in the new year and managed to engage investors in a record size benchmark at a record low spreads vs. US Treasury.
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KBN feedback on EU taxonomy
12/22/2020
KBN welcomes the Taxonomy as a tool to define and promote sustainable activities. That said, we have a few concerns.
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Successful fourth USD benchmark for the year
12/2/2020
KBN took advantage of the strong market conditions and clear execution window post Thanksgiving holidays, to complete a successful USD 1.5bn 3-year benchmark.
