NIBC sells its Offshore Energy portfolio which further enhances NIBCs ESG profile

NIBC is pleased to announce that it has reached an agreement with a professional party to sell its offshore energy portfolio. With the sale of the remaining part of the originally EUR 1.5bn portfolio, NIBC enhances its ESG profile. Thursday, 2 June, the Sale and Purchase Agreement was signed and the transaction will be finalised and settled in the coming months.

With this agreement NIBC is taking a step forward towards our net zero ambition by putting its promises in the Climate Action Plan into practice. We are focusing our activities and portfolios to match NIBC’s overall business strategy which integrates a balanced ESG approach.

Saskia Hovers, member of the Executive Committee of NIBC: “By selling this portfolio we are executing our focused strategy to accelerate even further on asset financing in chosen areas and industries and at the same time we are decarbonising our balance sheet. This step fits perfectly in our continuous efforts to be a responsible bank that is geared towards the future.”