Finnvera’s authorisation to grant counter-cyclical financing to expire at the end of the year


By the Government’s decision, Finnvera has been able to grant counter-cyclical financing to companies until 31 December 2012. After that date, Finnvera can offer financing for corresponding needs using other products. Although no new arrangements for counter-cyclical financing can be made, the terms of the existing Counter-cyclical Loans or Guarantees will remain unchanged.

In 2011, Finnvera granted a total of EUR 175 million for counter-cyclical financing. By the beginning of December this year, the corresponding figure was EUR 111 million.

Additional information:
Annamarja Paloheimo, Senior Vice President, tel. +358 29 460 2539


029 460 11 (weekdays 9:00 a.m. and 4:15 p.m.)

Financial advice

029 460 2582 (weekdays 9:00 a.m. and 4:15 p.m.)

Other matters

029 460 2790 (weekdays 9:00 a.m. and 4:15 p.m.)

Helsinki Headquarters

Porkkalankatu 1

PL 1010, 00101 Helsinki

Kuopio Headquarters

Kallanranta 11

PL 1127, 70111 Kuopio

All contact information