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18.03.2020
Finnvera to guarantee new ship deals
Finnvera plc will participate in the financing of two cruise vessels, Mein Schiff 7 and 8, ordered by TUI Cruises GmbH and to be built at the Turku shipyard of Meyer Turku Ltd. Finnvera will provide guarantees for the pre-delivery financing granted to th...
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Press releases
18.03.2020
Finnvera involved in a major forest industry investment
Finnvera is participating in the financial arrangements for the world’s first bioproduct mill, to be constructed by Metsä Group in Äänekoski, Finland. Valued at EUR 1.2 billion, the investment project is the largest ever carried out by the forest industr...
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News
18.03.2020
Financial Supervisory Authority imposes an administrative fine on Finnvera
The Financial Supervisory Authority, which is responsible for the supervision of the financial and insurance sector, imposed an administrative fine of EUR 12,000 on Finnvera plc on 22 May 2015. According to the decision, Finnvera neglected to comply with...
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18.03.2020
Finnvera issued a USD 500 million bond
Finnvera issued on 28th May 2015 a USD 500 million ten year fixed rate bond. The bond was issued under Finnvera’s EMTN (Euro Medium Term Note) programme.Finnvera’s EMTN programme and notes issued under it are guaranteed by the State. Finnvera uses the fu...
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News
18.03.2020
Finnvera’s Refinancing Guarantee facilitates financing arrangements for exports
It is now possible for Finnvera to guarantee the refinancing of export credits granted by banks to buyers. The arrangement promotes the acquisition of funds for financing exports. The change in Export Guarantee Act will enter into force on 1 May 2015.The...
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News
18.03.2020
Export credit guarantees protect Finnish enterprises against risks in Russia
Russia’s economic situation creates uncertainty for Finnish enterprises’ exports to Russia. Demand for Finnvera’s export credit guarantees for business in Russia increased in early 2015.Russian banks and enterprises do not currently have the same access ...
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Press releases
18.03.2020
Finnvera made its first bond subscription
Last year Finnvera was authorised to subscribe bonds issued by SMEs. As of the beginning of the current year, this authorisation was expanded to encompass enterprises larger than SMEs. Finnvera has now made its first bond subscription, which enabled the ...
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Press releases
18.03.2020
Harri Sailas and Antti Zitting elected to Finnvera Board
On 9 April 2015, Finnvera’s Annual General Meeting elected new members to the company’s Supervisory Board and Board of Directors.Composition of the Supervisory BoardThe new members on the Supervisory Board are Mika Harjunen, Information Security Manager;...
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Press releases
18.03.2020
Finnvera continues to grant export credit guarantees for exports to Russia – the exposure trend is being monitored
Finnvera grants export credit guarantees for Finnish exporters’ transactions in Russia. The exposure trend and repayment times are monitored closely.The country classification determined by the OECD member countries for Russia has been downgraded from 3/...
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News
18.03.2020
Read about how 2014 went at Finnvera
As in previous years, we are publishing our annual report online.We also report on our corporate responsibility each year, including the corporate responsibility report as part of the annual report. Combining the two reports is only natural, as Finnvera’...
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