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HQ office : Helsinki, Finland
ADDRESS : Uudenmaankatu 16,
00120 Helsinki
WEBSITE : http://www.finnfund.fi

FinnfundFinland

Finnish Fund for Industrial Cooperation Ltd

Finnfund – the Finnish Development Finance Institution – was established in 1980 and joined EDFI in 1992. Finnfund is a Limited Liability Company (Oy) and is owned by the State of Finland (93.8%), Finnvera plc (6.1%) and Confederation of Finnish Industries EK (0.1%). It is operating under the domain of the Ministry for Foreign Affairs. The mission of Finnfund is to promote economic and social development in developing countries by financing responsible and profitable private projects.

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Region

Sector

Key Figures

Key numbers (end of 2016)

Investments

€152 million

in new annual commitments to 21 projects

€652 million

in total portfolio of 167 projects

€110 million

in investment funds

Financial instruments

51%

equity and quasi equity

49%

loans

Technical assistance

€4.5 million

approved in 87 projects (by Finnpartnership)

100 %

government funding

Investment focus

Finnfund invests in countries which OECD-DAC has classified as developing countries and Russia.

Staff

70

employees