GUARANTEE ACTIVITIES
MGB together with the Municipality Finance (MuniFin) comprise the joint funding system of municipalities in Finland.
MuniFin’s funding originates from international capital markets and is guaranteed by MGB against sufficient security.
MuniFin’s lending is offered exclusively to Finnish municipalities, their majority-owned companies, municipal federations, and non-profit housing organisations as stipulated in the MGB Act.
EUR 50550 million
Guarantee limits granted
EUR 33040 million
Guarantees in use
EUR 34379 million
Collateral received and items affecting collateral situation
EUR 1339 million
Balance of collateral and guarantees
