Finnish interest

The concept of ”Finnish Interest” brings flexibility to Finnvera’s requirements of Finnish origin in relation to goods exported.The most important criterion for “Finnish Interest” in an export transaction guaranteed by Finnvera continues to be Finnish content. The requirement for minimum Finnish content is related to the perceived country risk, i.e. country classification.The guidelines apply for medium term transactions.

Country Classification Finnish Content %
0 - 2 10 %
3 30 %
4 - 6 50 %
7 60 %

Finnvera can accept a lower Finnish content on a case by case basis if the export transaction clearly benefits the Finnish economy or in order to ensure Finnvera’s competitiveness as an export credit guarantee agency. In such cases Finnvera assesses the significance of the “Finnish Interest” in the given transactions.Finnish content is calculated from the Finnvera guaranteed loan amount taking into account the percentage of cover. Attachments:
Description of the origins in the export contract (PDF)

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Finnvera

Finnvera provides financing for the start, growth and internationalisation of enterprises and guarantees against risks arising from exports. Finnvera strengthens the operating potential and competitiveness of Finnish enterprises by offering loans, domestic guarantees, venture capital investments, export credit guarantees and other services associated with the financing of exports. The risks included in financing are shared between Finnvera and other providers of financing.

Finnvera is a specialised financing company owned by the State of Finland and it is the official Export Credit Agency (ECA) of Finland.