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.
Nordic issuers release 2020 update to their green bonds impact reporting guide
The Position Paper on Green Bonds Impact Reporting, originally launched in October 2017 by a group of ten Nordic public sector issuers, has been published in an updated version.
Thank you for your confidence!
According to the results of KBN’s 2019 customer satisfaction survey, KBN’s customers are very satisfied. “This inspires us to continue with our good work”, comments Lars Strøm Prestvik, Chief Lending Officer at KBN.
UK-Norway Green Finance Summit
Climate change and environmental degradation are among our most urgent and pressing challenges. The financial sector needs to accelerate its contribution to the transition towards a sustainable economy.