Finnvera is a specialised financing company owned by the State of Finland and the export credit agency of Finland. It provides domestic small and medium sized enterprises with loans and guarantees, as well export guarantees and export credit financing to export companies. The Ministry of Economic Affairs and Employment of Finland supervises and monitors Finnvera's operations.
Finnvera funds its lending operations by borrowing from international capital markets. Finnvera seeks to ensure that funding is diversified by source and maturity. The most important funding currencies are EUR and USD.
Primary source of long term funding is debt issued under the EUR 15 billion EMTN programme. For short term funding debt is issued under the EUR 3 billion ECP programme. The debt issued under both programmes is explicitly guaranteed by the Republic of Finland (AA+/Aa1/AA+).