The social development bank for Europe

Municipal financing in Iceland 4

  • Approval date

    18 November 2021

  • Borrower

    Municipality Credit Iceland (MCI)

  • Country

    Iceland

  • Loan size

    € 20 000 000

  • Line of action

    Inclusive growth
    Environmental sustainability

  • Status

    In progress

Programme loan to support the improvement of living conditions in urban and rural areas through co-financing investments to revitalise and modernise both urban and rural public infrastructure, to improve public services and to support energy efficiency investments.

Final beneficiaries: the inhabitants of participating authorities throughout Iceland.

New CEB loan to Iceland to improve public infrastructure and energy efficiency

Press release 19 November 2021

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