Summary:

The European Investment Fund has signed its first SME initiative guarantee transactions in Finland with the banks Ålandsbanken, Osuuspankki and Oma Säästöpankki. This will bring 220 million euros to Finnish SMEs and help over 800 Finnish SMEs in getting finance. European Commissioner for Regional Policy Corina Crețu says SMEs are a driving force in growth and job creation in Finland and the SME initiative gives them a better opportunity for getting finance.

Media:  Verkkouutiset / Nykypäivä

Date: 24.1.2017

Journalist: Ilkka Ahtokivi

Main source: Corina Crețu, European Commissioner for Regional Policy