Precautions to reduce corona contraction
KBN takes the situation regarding the corona virus seriously, and we have implemented precautions to limit potential spread of the virus, and secure continuity of KBN operations.
KBN CEO steps down
The Board of Directors of Kommunalbanken AS and Kristine Falkgård have today agreed to end the employment relationship.
Exeptional outcome in volatile market
On Thursday 5th March, Kommunalbanken (KBN) priced a new USD1.25bn 5-year benchmark at the lowest ever coupon on a KBN 5-Year USD benchmark.
KBN publishes 2019 Impact Report
The impact report presents the projects financed by KBNs green bonds and their associated environmental impact. In 2019, growth in green loans accounted for 49 percent of the bank’s total growth in lending. 6.2 billion NOK were disbursed to green projects.
Satisfactory results for 2019
KBN’s profit for the year was NOK 1,283 million in 2019 as compared to NOK 1,496 million in 2018. KBN’s lending grew by 2.5% in 2019. KBN’s lending for green projects continued to grow strongly in 2019, and was responsible for approximately half of its total lending growth.