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

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