Finance Finland logo

Open and responsible lobbyist

Finance Finland logo

Open and responsible lobbyist

Statement

Banks and finance

EC consultation on the feasibility assessment for a potential EU referral scheme

Statement date
  • European Commission

  • Finance Finland does not see any need for a mandatory referral scheme.
  • In Finland the availability of financing to the SMEs is good and the amount of rejected applications is low. During the pandemic bank lending has remained stable and banks have offered payment holidays etc. to help their customers.
  • Public information services for SMEs are quite extensive and there are also private consultants helping companies to get financing.

FFI_response_26042021_EC_Consultation_Referral_SchemePDF

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Contact FFI experts

Director of the Financial and Prudential Regulation Team, Member of the Management Team. Banks, macroprudential policy, corporate finance, national economy

Veli-Matti Mattila

Director, Chief Economist

+358 50 344 3437
In my role as Director, I oversee the Financial and Prudential Regulation team. The team's responsibilities encompass regulation on the capital adequacy, liquidity, resolution, financial reporting, accounting and supervisory reporting of banks and insurers. I also serve as Chief Economist.