Kuntarahoitus
From Wikipedia, the free encyclopedia
Kuntarahoitus Oyj, variously branded Municipal Finance[1]: 13 or Municipality Finance[2] or MuniFin[3] in English, is a public financial institution in Finland and the country's third-largest credit institution by total assets,[4]: 3 behind Nordea and OP.
Kuntarahoitus plays a central role in financing local government in Finland. It is the first Finnish green and social bond issuer.[5] Its customers are Finnish municipalities, municipal associations, municipal-owned enterprises, and public-benefit housing companies that engage in state-supported social housing production and are approved by the Housing Finance and Development Centre of Finland (ARA). As of end-2022, it had €48 billion in total assets.[4]: 70
Kuntarahoitus has been a member of the United Nations Global Compact since October 2020.[6]
