FAQ

We offer internships. You will acquire work experience in one of the leading financial institutions in Norway. 

Read more about our temporary student positions.

All new employees attend an introductory programme. 

The work performance of staff members is assessed annually. Close continous follow-up from the department head.

Please visit this page to see FAQ for investors

You will find the repayment plans for your loans in KBN Finans. Customers that do not have access to KBN Finans should contact their contact person.

The documentation we require depends on what type of customer you are. See the documentation requirements for further information.

We email out annual statements to all our customers in January. You can also find your annual statement under the ‘Documents’ tab in KBN Finans.

Extraordinary repayments can be made on standard variable loans and NIBOR loans. For NIBOR loans, the repayment must be made on an interest payment date. Send an email to your contact person at least 14 days before you wish to make the repayment.

All types of loan with maturities of over three years can qualify as green loans. We offer a 0.1 percentage point discount on the applicable margin for green loans with KBN’s standard variable rate, a fixed rate or a floating rate linked to three-month Nibor. For more details, see our loan products.

Green loans are intended to be a tool for driving forward ambitious climate and environment projects at municipalities and are as a rule granted to new projects. Exceptions may be made for recently completed projects. Get in contact with your contact person to find out what options are available.

All green loans have to be associated with specific projects, but a green loan can be for an unlimited number of projects. In other words, if a municipality in the course of a year is investing in green and non-green projects, it will have to take out two separate loans. If it then undertakes new green projects the following year, the green loan can be ‘topped up’ with new projects in order to reduce the number of loans in the municipality’s portfolio.

Check the criteria for your type of project in the criteria document or contact us to find out if your project potentially qualifies for a green loan. If it does, complete the application form for the right category of project and submit this to your contact person. KBN will process your application and give you an answer on whether the project qualifies for the green interest rate within five working days.

Read more about green loans.

You will need to submit documentation with your application, and specific information on the types of documentation required for the various types of project can be found in the criteria document. Providing your application form has been fully completed and the requisite documentation provided, we will not require you to carry out any reporting subsequently.

The discount on the interest rate depends inter alia on the size of the loan and its term.

Read more about the discounted interest rate that Vestfold County Municipality received when it built Horten Upper Secondary School.

Any organisation that can take out a loan from KBN can take out a green loan.

A list of the types of organisation that can take out loans from KBN is available here.

KBN finances its green loans by issuing green bonds in the international capital markets. Borrowing money for green projects in the form of a green loan from KBN gives you access to the green bond market without you having to set up your own green bond framework or to report to investors.

See KBN’s 2018 Impact Report on its green bonds here.

We produce an annual report that details all the green projects for which KBN has provided green financing, and we also regularly publish articles about projects on our website. We also use examples of green projects in our communications with investors in our green bonds.

KBN regularly publishes budget rates. These articles can be found under News, or you can subscribe to our newsletter.

The fixed rate on new loans is determined on the basis of the market price for obtaining a fixed interest rate for various periods of time, which is to say on swap rates, plus a credit spread. The swap rates are updated continuously and are available to all our customers via KBN Finans. Get in contact with your contact person if you would like a fixed rate offer.

In the loan market different methods are used to calculate the number of days on which interest accrues for different types of loan. The calculation method used will affect the effective interest rate, so it is important to have the correct basis for comparing the number of interest days when comparing different loan offers.

A basis point is the same as one one-hundredth of one percentage point, i.e. 0.01% is 1 basis point (bp).

The interest rates on loans linked to NIBOR are set on the drawdown day for a period of 3 or 6 months. At the end of the period KBN checks the current NIBOR rate, two days before the instalment date, and the loan is assigned a new interest rate for the next period. If your loans have different interest fixing dates, their interest rates will be different, even if they are the same product. See https://www.oslobors.no/markedsaktivitet/#/list/nibor/quotelist for more information on how NIBOR is set.

To be provided with access to KBN Finans, get in contact with your contact person.

On the KBN Finans log-in page, click on “Forgot your password?” and follow the instructions.