Sunday, September 22, 2019

Business / DT 15-16 / 2016

Tied mixed credits make Finnish comeback

The Finnish government has launched a new aid-subsidised loan scheme for infrastructure projects tied to Finnish exporters. 

New Finnfund loan boosts resources by 50%

After months of fine tuning the formalities, the decision for a EUR 130 million loan to the aid-funded investor Finnfund has now been signed by Trade and Development Minister Kai Mykkänen. 

Active pipeline in ‘old’ Finnish mixed credit scheme

It often takes several years for a project with mixed credit financing to go from approval to implementation. Though Finland’s former scheme was formally closed down in 2012, it still has a EUR 127 million portfolio of active projects. Two of them were initiated only recently.