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
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
- Business Finland
- SITRA
References
- Finnvera plc: Private Company Information - Bloomberg investing.businessweek.com^
- Archived copy retrieved 2014-12-20^
- Role and impact of operations - Annual Report 2013 annualreport2013.finnvera.fi^
- Finance minister promises more export supports in '13 16 September 2012^
- Finnvera: Revival of exports likely slow 17 August 2012^
- DGAP-Regulatory: Finnvera issued a USD 500 million bond - London Stock Exchange^