Asia Connect
Latvia secures €150 million for Riga Airport upgrade
NIB, EBRD and OP Corporate Bank sign 20-year loan agreement
Michael Marray
9 Sep 2026
Nordic Investment Bank ( NIB ), the European Bank for Reconstruction and Development ( EBRD ) and OP Corporate Bank ( Latvian Branch ) have signed a €150 million ( US$174.38 million ), 20-year loan agreement with RIX Riga Airport to finance the expansion of the passenger terminal and related infrastructure upgrades.