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.
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
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.