Finland – Nigeria Business Seminar          Finance Workshop          10 December 2012
OpeningSome observations on Nigeria• Exports from Finland to Nigeria 23 million euros in 2011 (- 51 % y-o-y)• Imports from...
Finland – Nigeria Business Seminar   Brief Finnfund Presentation          Finance Workshop          10 December 2012
Finnfund in brief• Finnish Fund for Industrial Cooperation Ltd. (Finnfund)  – development finance institution• State of Fi...
Finnfund in numbers, 31 August 2012 Shareholders’ capital            EUR 198 million Portfolio                        EUR ...
Finnfund’s target countries by income level11.12.2012                                    6
What is Finnfund’s role?•   Financial investor with minority stake, EUR 1-10 million•   Long-term investor•   Sharing coun...
Portfolio and commitments - geographical distribution          (total EUR 408 million), 31 August 2012                   E...
Portfolio and commitments by sector             (total EUR 408 million), 31 August 2012                             Other ...
Investment portfolio (EUR million)             250             200             150             100              50        ...
Contacts             • www.finnfund.fi             • firstname.lastname@finnfund.fi             • tel. +358 9 348 434     ...
Upcoming SlideShare
Loading in …5
×

Brief Finnfund Presentation, Mikko Kuuskoski, Finnfund

647 views

Published on

Finland - Nigeria Business Seminar and Finance Workshop 10.12.2012

Published in: Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
647
On SlideShare
0
From Embeds
0
Number of Embeds
4
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Brief Finnfund Presentation, Mikko Kuuskoski, Finnfund

  1. 1. Finland – Nigeria Business Seminar Finance Workshop 10 December 2012
  2. 2. OpeningSome observations on Nigeria• Exports from Finland to Nigeria 23 million euros in 2011 (- 51 % y-o-y)• Imports from Nigeria marginal• Ranks 131/185 in the Doing Business rankings of the World Bank – 23 in getting credit – 70 in protecting investors – 88 dealing with construction permits – 98 in enforcing contracts – …but 178 in getting electricity• Is finance a constraint to developing the relationship to the next level?11.12.2012 2
  3. 3. Finland – Nigeria Business Seminar Brief Finnfund Presentation Finance Workshop 10 December 2012
  4. 4. Finnfund in brief• Finnish Fund for Industrial Cooperation Ltd. (Finnfund) – development finance institution• State of Finland 91.2 %, Finnvera Plc 8.7 %, Confederation of Finnish Industries EK 0.1 %• Founded in 1980• Office in Helsinki, staff of 51 persons• Member of European Development Finance Institutions (EDFI)• Risk capital for projects in developing countries and Russia• Investment criteria include: - profitability - social and environmental responsibility - development impacts11.12.2012 4
  5. 5. Finnfund in numbers, 31 August 2012 Shareholders’ capital EUR 198 million Portfolio EUR 272 million Portfolio and undisbursed EUR 408 million commitments Total assets EUR 313 million Number of investments 122 Number of investment countries 2811.12.2012 5
  6. 6. Finnfund’s target countries by income level11.12.2012 6
  7. 7. What is Finnfund’s role?• Financial investor with minority stake, EUR 1-10 million• Long-term investor• Sharing country risks• Sharing political risks• Expert of development financing• Partner of the project sponsor with industry knowledge11.12.2012 7
  8. 8. Portfolio and commitments - geographical distribution (total EUR 408 million), 31 August 2012 Eastern Europe & International Central Asia 31 48 Asia 99 Latin America 62 The Mediterran- ean 1 Africa 16711.12.2012 (total number of commitments 122) 8
  9. 9. Portfolio and commitments by sector (total EUR 408 million), 31 August 2012 Other 39 Forestry 46 Resource Funds 124 based industries 75 Manufactur- ing 32 Energy and Other environment 33 infrastructure 32 Hotels 14 Telecommuni- Health cations 9 services 411.12.2012 (total number of commitments 122) 9
  10. 10. Investment portfolio (EUR million) 250 200 150 100 50 0 2007 2008 2009 2010 2011 Equity Funds Loans11.12.2012 10
  11. 11. Contacts • www.finnfund.fi • firstname.lastname@finnfund.fi • tel. +358 9 348 434 • Uudenmaankatu 16 B FI-00120 Helsinki, Finland11.12.2012 11

×