EIB in Finland: record high support in 2016
In 2016 the European Investment Bank (EIB), the EU’s long-term lending institution, fostered projects in Finland with loans totalling EUR 2.22bn.
This is an all-time record high EIB commitment in Finland. Support of almost EUR 370m was guaranteed under the European Fund for Strategic Investments (EFSI), a central element of the Investment Plan for Europe.
Minister of Finance Petteri Orpo comments: “I am very pleased about the significant growth of the volume of EIB financing in Finland over the past two years. The European Strategic Investment Fund is a good example of the EIB financial instruments. What I am particularly happy about is that companies of very different sizes across the whole country have found the ESIF and other new EIB financial instruments, and through these, have applied for funding for new innovative business operations.”