General principles
As guarantee beneficiaries and partner banks will be accepted well-known credit or financial institutions with expertise in export credit financing that are registered in high-income OECD and euro area countries. If the country is not a high-income OECD and euro area country, the bank will be accepted as a guarantee beneficiary/partner on a case-by-case basis.
Finnish Export Credit Ltd's partner banks
Finnish Export Credit Ltd, which is Finnvera's subsidiary, works together with banks on export credit financing and interest equalisation of fixed-rate export credits.
We typically require the following of a new partner:
- Basic information of the bank and an acceptable KYC report
- Acceptable credit rating
- Legal information concerning local insurance and banking legislation
- Experience and expertise in export credit financing and familiarity with the OECD Export Credit Arrangement terms
- Acceptance of the fact that the guarantee arrangement will be subject to Finnish law