KLP increases municipal lending

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NORWAY - The NOK202bn (US$28.79bn) Kommunal Landspensjonskasse (KLP), one of Norway's largest life insurance companies, has increased its loans portfolio by around NOK5bn will issue more loans to municipalities in the future, MandateWire reports.

During the last quarter and since the end of the quarter, KLP, which provides pension, financing and insurance services to the local government sector, increased its housing mortgages and municipal...

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