Kommunalbanken AS (KBN) is a significant financial institution in Norway, with total assets of approximately NOK 500 billion. The bank was established in 1927 and is 100% owned by the Norwegian state, with management through the Ministry of Local Government and Districts. KBN's main task is to offer loans to the municipal sector, and has a special focus on sustainable development.
As a leading lender to municipalities, KBN offers tailored financing solutions for projects in health, schools and infrastructure. The bank has also developed green loans and bonds, as well as climate risk tools for municipalities, to support local climate risk assessments. KBN delivers environmental impact reports for projects financed with green loans, and has a training offer called KBN Skolen, which provides information and skills development in financing and sustainability.