Financing operations

On this page you will find current figures about Finnvera's financing as well as information about the grounds for risk-taking.

Key information about Finnvera's financing

By providing financing, Finnvera influences the competitiveness of Finnish enterprises - their opportunities to operate and grow in Finland and to enter international markets. Finnvera can provide financing for most sectors.

Finnvera enables comprehensive financing solutions that encompass the Finnvera Group's own products and the services offered by other public and private financiers.

Financing and outstanding commitments by business units

Offered financing (EUR bn)

1-6/2022

2021

2020

2019

2018

Domestic financing*

0.7

1.7

1.7

1.0

0.9

Export financing**

2.2

4.3

2.9

5.2

3.0

Total

2.9

6.1

4.6

6.2

3.9

* Includes Loans, Guarantees, Export Guarantees and Export Credit Guarantees for SMEs
**Includes Export Credit Guarantees and Special Guarantees

Outstanding commitments (EUR bn)

6/2022 

2021

2020

2019

2018

Domestic financing*

2.8

3.1

2.9

2.3

2.3

Export financing**

22.0

22.2

22.0

25.2

23.3

Total

24.8

25.3

24.9

27.4

25.6

* Includes Loans, Guarantees, Export Guarantees and Export Credit Guarantees for SMEs as well as guarantee and export guarantee receivables
**Includes Export Credit Guarantees and Special Guarantees

Domestic financing according to the industrial classification

 

1-6/
2022

 

1-6/
2021

 

1-6/
2020
  1-6/
2019
 
 

MEUR

%

MEUR

%

MEUR

%

MEUR

%

Industry

316

51%

698

67%

417

41%

285

56%

Services for business

145

23%

157

15%

248

24%

113

22%

Commerce and
consumer services

119

19%

104

10%

190

19%

73

14%

Tourism

36

6%

67

6%

145

14%

29

6%

Agricultural industries

7

1%

15

1%

12

1%

7

1%

Total

623

100%

1 040

100%

1 013

100%

198

100%

Finnvera financing is suitable for most sectors and industries. However, there are certain sectors that are not covered by Finnvera's financial operations.

Risk-taking

Controlled risk-taking is an integral part of Finnvera’s operations. According to the goal of self-sustainability set for Finnvera’s operations, income received from commercial operations must, in the long-run, cover both the company’s own operating expenses and the credit and guarantee losses for which it bears responsibility.

Turnaround

The monitoring of client companies’ financial and operational situation is part of Finnvera’s risk management. Finnvera’s aim is to respond to any weakening in the client enterprise’s situation as early as possible in order to secure viable business.