We offer green loans with lower interest rates for investments that solve the climate challenges of the future today.
The impact report presents the projects financed by KBNs green bonds and their associated environmental impact. Photo: Iver Daaland Åse, Bybanen Utbygging
KBN’s core earnings were NOK 1,276 million in 2024, as compared to NOK 1,211 million in 2023.
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Read all about our customers investments and projects based on KBN lending.
The new Ullerud Health and Care Centre is the largest construction project ever undertaken in the history of Frogn Municipality, and it is Norway’s largest health and care centre in mass timber. Mass timber was the obvious choice of material as it was the best in terms of price and for the environment.
When the small village of Kvam in Gudbrandsdalen was hit by two once-in-a-hundred-years floods in the space of three years, it unwittingly became a symbol of Norway’s vulnerability to extreme weather. Today the village boasts robust adaption solutions and has the best flood defences in Norway.
Asker Municipality is building an environmentally friendly nursery and a swimming pool complex, and is saving money thanks to green loan financing from KBN.