The loan facility will be used for financing, in
particular, environmental projects in the field of energy efficiency,
promoting the reduction of harmful emissions affecting NIB's member
countries.
"Ukraine uses 3.3 times more energy to produce one
unit of its GDP than the average in the enlarged EU. We believe that
Ukraine's manufacturing and construction sectors will largely benefit
from the energy saving," says Johnny Åkerholm, President and CEO of NIB.
"The loan agreement with the Nordic Investment Bank
will help optimise the energy consumption at Ukrainian enterprises,
have positive impact on their production capacity and, what is most
important, protect the environment," says Viktor Kapustin, Chairman of
the Board of Ukreximbank.
NIB and Ukreximbank signed a memorandum of
understanding in autumn 2006. Ukreximbank, a state-owned joint stock
company established in January 1992, is one of the largest credit
institutions in Ukraine.
NIB is a multilateral 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.
For further information, please contact
Ms Harriet Wingren-Häggblom, Senior Manager Lending, at +358 10 618 0522,
[email protected], or
Mr Dimitrijs Alehins, Communications Specialist, at +358 10 618 0296, [email protected]
www.nib.int
P.O.Box 249 (Fabianinkatu 34), FI-00171 Helsinki, FINLAND, +358 10
618 001, [email protected]