25.08.2011
European Commission is seeking information on short term exports credits. Currently a public consultation on the Review of the Communication on short term export credit insurance is underway:
http://ec.europa.eu/competition/consultations/2011_export_credit/index_en.html
The purpose of this consultation is to invite Member States and stakeholders to provide feedback on the application of the Communication and on export financing in general, with a view to determining whether the Communication (which is due to expire at the end of 2012) should be maintained, modified or expired.
In Finland the Ministry of Employment and the Economy will answer the consultation as a public authority and Finnvera will contribute to this answer. Finnvera and the Ministry invite the stakeholders in Finland to answer this consultation as well.
Finnvera will also commence a market survey in September concerning the Finnish export credit insurance market. We hope that the stakeholders will have the interest to answer all surveys and thereby get their views expressed.
Additional information:
Eeva-Maija Pietikäinen, puh. 020 460 7279
Taru Eskelinen, puh. 020 460 7126
Finnvera's customers can submit applications for business financing safely and securely by using Finnvera plc's Online Services.
Telephone service is available from Monday to Friday between 8:00 a.m. and 4:15 p.m.
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.
