NIB finances Stockholm’s public transport system

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The FINANCIAL — The Nordic Investment Bank (NIB) and the Stockholm County Council have signed a loan agreement totalling SEK 1 billion (EUR 107 million).

The ten-year loan will finance the upgrade of Stockholm´s public transport, according to NIB.

The Stockholm County Council is a regional municipal body in Sweden. Its main responsibilities are the provision of public healthcare and public transport.

 

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