NIB, LHV launch €20 million programme to support Estonian SMEs ({{commentsTotal}})

LHV Pank.
LHV Pank. Source: (Martin Dremljuga/ERR)

Nordic Investment Bank (NIB) and Estonia's LHV Pank have signed an agreement to launch a €20 million loan programme for onlending to small and medium-sized enterprises (SMEs) in Estonia.

 The funds under the five-year loan programme will be onlent for various SME investments, NIB said in a press release on Friday. Loan allocations are expected to fulfil the eligibility criteria for a good rating for loan programmes to SMEs.

As a segment, SMEs produce approximately three quarters of the total added value of Estonia's economy, which is more than the EU average.

AS LHV Pank is part of AS LHV Group, a financial group established in 1999. LHV is the largest domestically-owned banking group in Estonia, and the fourth largest in terms of assets. LHV has a strong focus on lending to SMEs in sectors such as real estate, financial services, manufacturing, and transport and logistics.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor's and Moody's.

Editor: Aili Vahtla



ERR kasutab oma veebilehtedel http küpsiseid. Kasutame küpsiseid, et meelde jätta kasutajate eelistused meie sisu lehitsemisel ning kohandada ERRi veebilehti kasutaja huvidele vastavaks. Kolmandad osapooled, nagu sotsiaalmeedia veebilehed, võivad samuti lisada küpsiseid kasutaja brauserisse, kui meie lehtedele on manustatud sisu otse sotsiaalmeediast. Kui jätkate ilma oma lehitsemise seadeid muutmata, tähendab see, et nõustute kõikide ERRi internetilehekülgede küpsiste seadetega.
Hea lugeja, näeme et kasutate vanemat brauseri versiooni või vähelevinud brauserit.

Parema ja terviklikuma kasutajakogemuse tagamiseks soovitame alla laadida uusim versioon mõnest meie toetatud brauserist: