Finnish schools, daycare centres, hospitals, affordable homes and reliable infrastructure depend on long-term investment. Making that investment possible requires a financing partner that stays the course through economic cycles and global upheaval.
This year, MuniFin has reviewed its position, operating environment and future trends as part of an update to its strategy. MuniFin’s core role in society remains unchanged, say Kari Laukkanen, Chair of the Board, and Esa Kallio, President and CEO. It is to ensure that municipalities, affordable social housing organisations and wellbeing services counties have access to financing in all market conditions.
“We exist solely to serve our customers. Our mission is to secure financing for the investments our society needs – efficiently, sustainably and at competitive rates,” says Esa Kallio.
For decades, MuniFin has played a central role in building Finland’s welfare society. The investments it has financed are part of everyday life across the country.
Investment in education and essential infrastructure is particularly important to Finland’s future.
Education must evolve to meet future skills needs. At the same time, essential infrastructure, from electricity and energy supplies to telecommunications networks, must remain reliable. Cutting back on these investments would undermine Finland’s competitiveness and prospects for sustainable growth for years to come.
Sustainable finance helps build the Finland of tomorrow
Finance does more than make investment possible: it can also steer decisions towards desired outcomes. MuniFin has steadily developed its sustainable finance offering, encouraging customers to pursue projects that reduce environmental impacts and strengthen society’s ability to meet future challenges.
Kari Laukkanen sees sustainable finance as one of MuniFin’s most important means of shaping Finland’s development in the years ahead. Decisions on schools, hospitals, energy solutions, transport and housing have implications that span over generations.
“Through financing, we can encourage our customers to make investments that deliver greater impact and are more environmentally sustainable. We have already achieved significant results, but we must keep our ambitions high in the decades ahead,” Laukkanen says.
Ultimately, MuniFin’s work helps Finnish society function and renew itself: children have well-maintained schools, people have homes and access to services, and municipalities and wellbeing services counties can continue to develop even in uncertain times.
“The better we deliver on our core mission, the better placed our customers are to carry out investments that are essential to Finland as a whole. We have helped build Finnish society, and we will continue to take responsibility for its financial stability and continuity,” Esa Kallio stresses.