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11.11.2021 | The purpose of Finland’s guarantee scheme was to support the availability of SME financing by providing banks with guarantees for business loans. According to an evaluation commissioned by the Ministry of Economic Affairs and Employment, the guarantee scheme achieved its economic policy objectives well. The scheme provided a tenfold leverage effect on public funding.https://tem.fi/en/-/evaluation-finland-s-guarantee-scheme-improved-smes-access-to-funding
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8.12.2017 | On 8 December 2017, Aktia Bank and the Savings Banks Group signed an agreement with the European Investment Fund, according to which they will serve as financial intermediaries in the guarantee programme aimed at improving the availability of financing for SMEs.https://tem.fi/en/-/aktia-pankki-ja-saastopankkiryhma-valittajapankeiksi-eu-rahoitteiseen-pk-yritysten-takausohjelmaan