Finnvera

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Finnish: Finnvera Oyj
Company typeGovernment-owned corporation
Founded1999
Headquarters,
Key people
Pauli Heikkilä, CEO
Number of employees
370[1]

Finnvera is a Finnish state-owned financing company. It is the official export credit agency for Finland.[2] Finnvera provides loans, credits and guarantees. In 2013, Finnvera financed around 3500 start-up enterprises.[3] The company is responsible to the Finnish Ministry of Employment and the Economy.

History

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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.[4]

During the first half of 2011, Finnvera provided over two billion euros in export and guarantees.[5]

In September 2014, Finnvera issued a 500 million euro bond under their Euro Medium Term Note programme.[6]

See also

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References

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