Finnvera provide its clients with loans, guarantees, venture capital investments and export financing services.
Within the Finnvera Group, venture capital investments are carried out by Finnvera's subsidiaries: Veraventure Ltd, Aloitusrahasto Vera Oy and Matkailunkehitys Nordia Oy.
Finnish Export Credit Ltd, another subsidiary of Finnvera, administers the interest equalization system for officially supported export credits and domestic ship financing in accordance with the OECD Arrangement.
Financing for domestic operations of enterprises
In 2011, Finnvera provided EUR 977 million in financing for SME enterprises’ domestic operations; this was 7 per cent more than the year before. 2011 was slightly brisker for SME financing than the previous year, but demand for financing was still clearly lower than during the years of economic growth.
Offers given for export credit guarantees and special guarantees totalled EUR 3.9 billion (2.4 billion) in 2011; this was over one and a half times more than in 2010. The number of offers given was 30 per cent less than the year before. Among individual countries, the most guarantees were granted for exports to Uruguay, Germany, South Africa and Russia.
|Offered financing, MEUR||610||853||977||914||1 195|
|Export credit guarantees and special guarantees||31.10.13||31.12.12||31.12.11||31.12.10||31.12.09|
|Offered financing, MEUR||3 132||5 351||3 796||2 379||4 449|