Finnvera is a Finnish state-owned financing company. It is the official

export credit agency An export credit agency (known in trade finance as an ECA) or investment insurance agency is a private or quasi-governmental institution that acts as an intermediary between national governments and exporters to issue export insurance solutions ...

for Finland. Finnvera provides loans, credits and guarantees. In 2013, Finnvera financed around 3500 start-up enterprises. The company is responsible to the Finnish Ministry of Employment and the Economy.

History

Finnvera was founded in 1999 through a merger of Kera Plc and the Finnish Guarantee Board. The European Commission has given Finnvera the right to support Finnish exports. During the first half of 2011, Finnvera provided over two billion euros in export and guarantees. In September 2014, Finnvera issued a 500 million euro bond under their Euro Medium Term Note programme.

References

{{authority control Export credit agencies Financial services companies of Finland Government-owned companies of Finland Kuopio Financial services companies established in 1999 1999 establishments in Finland

History

See also

References