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Press releases
12.03.2021
Finnvera’s Annual General Meeting: Petri Ekman appointed to Chairman of Finnvera’s Board of Directors – New members to the Board of Directors and the Supervisory Board
Finnvera plc, Stock Exchange Release 12 March 2021 CORRECTION: Addition in the composition of the Supervisory Board 12 March 2021 at 16:05 On 12 March 2021, Finnvera's Annual General Meeting appointed Petri Ekman, M. Sc. (Eng.), to a new Chairman of...
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Articles
26.02.2021
Executive Vice President’s review: The crisis year multiplied demand for financing – ability to react quickly proved indispensable
The pandemic could be seen very quickly in enterprises’ demand for financing in March. We responded to this demand by swiftly adjusting our operating models accordingly. The availability of financing to enterprises remained good, and cooperation between F...
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Articles
25.02.2021
Executive Vice President’s review: The coronavirus pandemic had a severe impact on exports and Finnvera’s Large Corporates business
In many export sectors, existing order books helped enterprises survive in 2020. The launch of new projects slowed down, but the importance of financing in export trade negotiations grew. Finnvera’s social role was particularly significant during the coro...
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Press releases
23.02.2021
Finnvera Group's Report of the Board of Directors and Financial Statements 2020
Finnvera Group, Stock Exchange Release 23 February 2021 Enterprises’ availability of financing was secured in the coronavirus crisis – Finnvera’s financial performance showed considerable loss due to credit loss provisions CEO Pauli Heikkilä’s comme...
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News
04.05.2020
Finnvera can cover short-term credit risks for marketable risk countries until 31 March 2022
Finnvera can grant new short-term guarantees for the marketable risk countries such as EU countries and certain western industrialised countries as a part of the measures due to the coronavirus crisis until 31 Mach 2022. Private credit insurance companies...
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Press releases
28.01.2021
Advance information about Finnvera Group’s year 2020
Advance information about Finnvera Group’s year 2020: The separate result for export credit guarantee and special guarantee operations shows a significant loss due to loss provisions - The coronavirus pandemic increased domestic financing, export financin...
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News
22.01.2021
Environmental and social issues will be highlighted in export credit guarantee applications – these things will change on the forms
Finnvera’s policy on the environmental and social risk management of the financing operations was revised a year ago. Issues related to the new policy will be reflected in new export credit guarantee applications. The forms will feature questions on the u...
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News
13.01.2021
Phenomena in the Finnish economy in 2020: These things were surprising, these things changed – perhaps permanently
The year 2020 will go down in history as the year of the coronavirus when almost everything in the economy went differently than we thought in January. According to Timo Lindholm, Chief Economist at Finnvera, what is even more important is that many thing...
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Articles
13.01.2021
Financing secured a major order from Romania for Kewatec – the risks of the transaction were brought under control
Financing is an important part of exports and sometimes even a must for closing a deal. This is especially true if the terms and conditions of the deal are highly unusual. Finnvera, Nordea and the boat manufacturer Kewatec AluBoat worked closely together ...
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News
18.12.2020
Finnvera: Export Credit Agency guarantees exports and assesses risks on a long-term basis - The aim is to secure the continuity of exports
The long-term nature of financing is a key factor in Finnish export companies’ and foreign buyers’ commitment to transactions. Trade negotiations are long processes, especially when talking about large-scale commodities such as a cruise ship. In 2015, Fin...
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