Newsroom | Finnvera

Finnvera’s ceilings on outstanding commitments to increase

The President of the Republic of Finland has ratified the laws according to which Finnvera’s ceilings for granting financing will be increased. The ceiling on outstanding commitments in domestic financing will rise from EUR 2.6 billion to EUR 3.2 billion... Read more

EUR 33 million of added authority to Finnvera

The extra authorisation of 33 million has been granted to Finnvera for granting domestic loans and guarantees without interest subsidy by the end of last year. The authority for granting domestic investment and working capital loans without interest subs... Read more

New inheritance tax rules will increase demand for Finnvera’s financing in company reorganisations

A legislative amendment approved by the Finnish Parliament will decrease the tax rates applied to inheritance and gifts between the closest relatives by three percentage points. “Completion of the tax reform that had long been under preparation will cert... Read more

Finnvera guarantees an Islamic export credit for Al Qatrana Cement PSC in Jordan

Finnvera is one of the first Export Credit Agencies to cover export credit structured according to Islamic financing principles. An Islamic financing product called Murabaha is used to arrange financing for the supply by Wärtsilä Finland Oy of a 50 MW ca... Read more

Proposal to raise Finnvera’s ceilings on outstanding commitments

The Cabinet Committee on Economic Policy has decided in favour of raising Finnvera’s ceilings on outstanding commitments, to ease the financing of companies. In accordance with the proposal of the Ministry of Employment and the Economy, the ceiling on ou... Read more

Finnvera guarantees part of the construction financing for the world’s largest cruise ship and her sister ship

Finnvera has signed a guarantee agreement for construction financing of the world’s largest and most revolutionary cruise ship, “Oasis of the Seas”, and her sister ship, “Allure of the Seas”, being built for Royal Caribbean Cruises Ltd at the Aker Yards ... Read more

Finnvera authorised to provide more financing for Finnish enterprises

The extra authorisation of EUR 60 million granted to Finnvera will be used for guarantees to cover loans taken by enterprises and for domestic loans that include no interest subsidy. With this extra authorisation, the domestic financing provided by Finnv... Read more

Finnvera to merge the operations of the Helsinki and Uusimaa Regional Offices

The Supervisory Board of Finnvera decided, at its meeting held on 8 October 2008, to merge the operations of the Helsinki and Uusimaa Regional Offices. This means that the Helsinki Regional Office will serve all enterprises operating in the region of Uus... Read more

Result for the year better than expected

In 2007, Finnvera plc succeeded well in attaining the industrial and ownership policy goals set for the company. The company’s result for the year was higher than the budget figure. Losses were lower and the interest rate higher than had been anticipated... Read more