Finnvera joins EIF as shareholder

3 weeks ago 14

Finnvera has go a shareholder successful the European Investment Fund (EIF), strengthening its relation successful the European Union’s tiny and medium-sized endeavor (SME) concern sector.

The improvement is expected to beforehand the interests of some Finland and the fiscal assemblage wrong the EIF, supporting banks and backstage equity investors.

The EIF acts arsenic a SME concern supplier successful Finland.

It provided €606m ($702.6m) successful financing to the SME assemblage successful 2024, of which €561m were guarantees, chiefly benefiting banks.

The organisation is chiefly owned by the European Investment Bank (EIB) and the European Commission, and it works arsenic the EIB Group’s specializer limb for supporting SMEs with equity investments, guarantees and different fiscal instruments.

It has 41 entities arsenic shareholders, some state-owned and commercialized fiscal institutions. Finnvera is present the sole Finnish entity among these shareholders.

EIF main enforcement Marjut Falkstedt said: “We are thrilled to beryllium welcoming a Finnish entity to the household of EIF shareholders. Finnvera is already a cardinal spouse of the EIB Group and has a long-standing narration with some the EIF and EIB.

“We are gathering connected a palmy cooperation, having worked unneurotic to present caller fiscal instruments to the Finnish marketplace that were met with beardown demand.”

Finnvera and the EIF person collaborated since 1998 done assorted risk-sharing agreements.

Since 2019, risk-sharing has go a regular diagnostic successful Finnvera’s warrant products specified arsenic its SME Guarantee, which is supported by the COSME indebtedness warrant facility.

The InvestEU-guaranteed Climate and Digitalisation Loans, developed by Finnvera and the EIF since June 2023, person totalled astir €170m for Finnish SMEs and midcap businesses.

Finnvera’s services see providing guarantees, loans, export recognition guarantees, and different financing options related to exports.

Owned by the State of Finland and the Export Credit Agency (ECA), Finnvera reported full vulnerability of €26.3bn crossed home loans and guarantees, astatine the extremity of September 2025.

"Finnvera joins EIF arsenic shareholder" was primitively created and published by Leasing Life, a GlobalData owned brand.


The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.

Read Entire Article