KBN’s funding program
KBN maintains the highest possible credit rating, (Aaa/AAA, Stable/Stable), from Moody’s and Standard & Poor’s and is identified as one of two systemically important financial institutions in Norway.
Kommunalbanken AS’s (KBN’s) lending grew by 7.3% in 2018 as compared to growth of 5.7% in 2017. Much of this growth was achieved towards the end of 2018 during a period of volatile market conditions. Lending for climate and environment projects grew by NOK 7.3 billion in 2018 and represented a sizeable 36% of KBN’s overall lending growth. More
In 2017, KBN published an environmental impact reporting guide for green bonds, "Nordic public sector issuers' position paper on Green Bond impact reporting", together with other Nordic public sector issuers. The guide is now released in an updated version. More
The new Sauland school is the first of its kind in the south east of Norway. A reverent building in cross-laminated timber, with beautiful wooden cladding and smart energy solutions. Hjartdal municipality is the first to use cross-laminated timber in a school building in the Telemark region, and they will now lead the way in the green shift within the construction sector. More