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bank of finland website go to content suomeksi på svenska print page search search menu search search suomeksi på svenska print page close start page start page bank of finland open close bank of finland tasks open close strategy open close values status and administration international cooperation open close imf reports and speeches eurosystem and escb open close decision making economic and monetary union emu erm ii single supervisory mechanism organisation open close ethical rules of conduct for the bank of finland board open close olli rehn marja nykänen tuomas välimäki administration general secretariat market operations payment systems monetary policy and research financial stability and statistics ict and information management department internal audit our experts officials authorised to sign for the bank of finland sustainability open close sustainability programme responsible investment open close asset class specific intermediate climate targets green working environment climate action environmental impact of cash in finland financial literacy risk management and control career open close job opportunities working at the bank of finland summer trainees and students services to the general public open close participation in events library documents journal bank of finland and fin fsa open data service frequently asked questions history open doors open close info briefings at the bank of finland s open doors event follow us twitter linkedin slideshare flickr youtube facebook instagram subscribe to releases and materials subscribe monetary policy open close monetary policy price stability monetary policy strategy ecb monetary policy strategy review monetary policy decisions transmission of monetary policy implementation of monetary policy open close monetary policy purchase programmes liquidity of the banking system monetary policy instruments collateral for central bank credit counterparties exchange rate policy management of reserves open close financial assets responsible investment principles share of the ecb s foreign reserves managed by the bank of finland bank of finland s pension fund distribution of profit follow us twitter linkedin slideshare flickr youtube facebook instagram subscribe to releases and materials subscribe financial stability open close financial stability financial system macroprudential supervision open close macroprudential policy macroprudential analysis oversight international cooperation open close memoranda of understanding crisis management payment and settlement system simulator open close events open close 21st seminar 2023 20th seminar 2022 19th seminar 2021 18th seminar 2020 17th seminar 2019 16th seminar 2018 15th seminar 2017 14th seminar 2016 13th seminar 2015 12th seminar 2014 11th seminar 2013 10th seminar 2012 9th seminar 2011 8th seminar 2010 7th seminar 2009 6th seminar 2008 5th seminar 2007 4th seminar 2006 3rd seminar 2005 2nd seminar 2004 1st workshop 19 20 may 2003 publications documentation product ordering events open close 2024 risklab bof esrb conference on systemic risk analytics 2023 risklab bof esrb conference on systemic risk analytics 2 2022 risklab bof esrb conference on systemic risk analytics 2020 risklab bof esrb conference on systemic risk analytics 2 2021 risklab bof esrb conference on systemic risk analytics 2019 risklab bof esrb conference on systemic risk analytics 2019 big data 2019 green finance nordic cyber in finance conference 2018 2018 06_money in the digital age open close 20180614_banking in the digital age 20180613_central bank issued digital cash follow us twitter linkedin slideshare flickr youtube facebook instagram subscribe to releases and materials subscribe money and payments open close money and payments euro banknotes open close euro notes in pictures recognition of banknotes damaged banknotes euro coins open close euro coins in pictures common sides euro coins in pictures national sides 2 euro coins in pictures national sides 1 euro coins in pictures national sides 50 cent euro coins in pictures national sides 20 cent euro coins in pictures national sides 10 cent euro coins in pictures national sides 5 cent euro coins in pictures national sides 2 cent euro coins in pictures national sides 1 cent number of minted finnish coins damaged coins maintenance of cash supply counterfeits the markka open close returning markka to the bank of finland number of minted markka coins in 1998 2001 historical finnish banknotes and coins bank holidays payment systems open close target services the bank of finland as catalyst payments council settlement systems open close the bank of finland as operator target2 securities tiber fi implementation guideline open close participating actors supporting materials procedures open close decision to participate preparations testing reporting and improvement central bank digital currency home emergency kit for payments follow us twitter linkedin slideshare flickr youtube facebook instagram subscribe to releases and materials subscribe statistics open close statistics statistical news open close mfi balance sheet payments peer to peer and crowdfunding investment and private equity funds other financial institutions loans and interest rates saving and investing tables and charts dashboards and open data statistics info open close whats_new open close 2023 statistical descriptions and methods open close mfi balance sheet loans and deposits and interest rates peer to peer and crowdfunding investment and private equity funds monetary policy instruments exchange rates interest rates publication calendar exchange rates market and policy interest rates to the reporter open close analytical credit database insurance corporations investment funds iref mfi data collection other financial institutions payment and fraud data pension funds private equity funds reform of the reporting system open close faq releases instructions and recordings security statistics follow us twitter linkedin slideshare flickr youtube facebook instagram subscribe to releases and materials subscribe research open close research research unit open close research fellow bofit seminars and conferences research publications researchers visitor programmes open close research unit visiting scholars programme research unit visiting scholars research unit former visiting scholars research evaluation forecasting models follow us twitter linkedin slideshare flickr youtube facebook instagram subscribe to releases and materials subscribe media and publications open close media and publications to the media releases news speeches and interviews opinions calendar bank of finland s communications policy bank of finland in social media publications open close bank of finland bulletin annual report data balance sheet research publications open close bank of finland research discussion papers refereed publications scientific monographs studies and reports open close bof economics review expository studies instructions and rules open close information about euro banknotes and coins bank of finland rules for counterparties and customers ecb publications open close annual report open close 2023 2022 economic bulletin monthly bulletin 10th anniversary of the ecb statistical publications open close international reserves and foreign currency liquidity other publications open close bank of finland 200 years imperial cashier to central bank part i bank of finland 200 years parliament s bank part ii the first euros the creation and issue of the first euro banknotes and the road to the europa series suomen pankki esite 2018 finlands bank 2018 bank of finland 2018 bank of finland legal provisions 2017 printed brochures order form subscribe to materials video gallery russia s invasion of ukraine follow us twitter linkedin slideshare flickr youtube facebook instagram subscribe to releases and materials subscribe financial literacy open close financial literacy financial literacy open close financial literacy project bank of finland and eurosystem monetary policy what is money loan and interest rates payments and agreements statistics games in financial education news for teachers open close excercises on bank of finland and eurosystem exercises on monetary policy exercises on money exercises on payments and agreements exercises on statistics games glossary follow us twitter linkedin slideshare flickr youtube facebook instagram subscribe to releases and materials subscribe follow us twitter linkedin slideshare flickr youtube facebook instagram subscribe to releases and materials subscribe search search bank of finland front page previous slide next slide forecast finland s economy is in recession and the recovery will be slow the finnish economy is in recession it is also expected to remain weak in 2024 inflation in finland has nevertheless fallen as anticipated and the purchasing power of households has strengthened forecast finland s economy is in recession and the recovery will be slow simply short pick up in the economy not expected soon the economy is performing weakly and there are a number of reasons for this higher prices and interest rates continue to be a strain on household consumption investment is low residential construction for example is on hold consolidating finland s public finances is more challenging than expected simply short pick up in the economy not expected soon editorial subdued outlook for finnish economy solutions required to long term challenges a weak economic environment calls for a sustainable and long term economic policy finland has every opportunity to succeed if debt sustainability is taken as a common goal and a firm commitment is made to this across parliamentary terms editorial subdued outlook for finnish economy solutions required to long term challenges current slide slide details slide details slide details news subscribe resilience of european banks is good but financial stability risks are elevated amid geopolitical uncertainty european systemic risk board s latest assessment news 28 mar 2024 bofit forecast for russia 2024 2026 russian economic growth set to decelerate press release 25 mar 2024 bank of finland s 2023 operating profit weakened considerably by rise in interest rates press release 22 mar 2024 board member tuomas välimäki what is the optimal size of central bank balance sheets introductory remarks 19 3 2024 speech 19 mar 2024 bank of finland s interim forecast from significant recession towards growth press release 15 mar 2024 more news exchange rates 27 mar change 26 mar last month eur usd 1 0816 0 004 eur gbp 0 85768 0 001 eur jpy 163 52 0 880 eur sek 11 506 0 053 more exchange rates and currency calculator bank of finland bulletin articles subscribe instability in crypto asset markets is a reminder of the risks and underlines the need for regulation financial stability 6 mar 2024 finland s economy is in recession and the recovery will be slow finnish economy 9 jan 2024 alternative scenario higher interest rates are slowing inflation and economic growth in finland finnish economy 9 jan 2024 bofbulletin fi blogs calendar events 02 apr investment funds update of tables and figures 2 2024 statistics 2 apr 2024 02 apr banks loans deposits and interest rates 02 2024 statistics 2 apr 2024 02 apr bank of finland s balance sheet 3 2024 statistics 2 apr 2024 10 apr peer to peer and crowdfunding 2023 statistics 10 apr 2024 11 apr market shares of credit institutions 12 2023 statistics 11 apr 2024 more events imf press conference 23 1 home emergency kit for payments central bank digital currency bofit board of the bank of finland bank of finland museum newest publications bofit venäjä ennuste 2024 2026 1 bofit venäjä ennuste 1 2024 25 mar 2024 bofit forecast for russia 2024 2026 1 bofit forecast for russia 1 2024 25 mar 2024 suomen pankin vuosikertomus 2023 suomen pankin vuosikertomus 22 mar 2024 more publications ecb steering rates main refinancing operations rate 4 50 effective from 20 sep 2023 marginal lending rate 4 75 deposit rate 4 00 euribor rates and euro short term rate str 27 mar change 26 mar last month 1 month 3 835 0 005 3 month 3 908 0 006 12 month 3 684 0 009 the euribor data are published with a 24 hour time lag 27 mar change 26 mar last month str 3 906 0 000 other rates base rate 4 25 effective 1 jan 30 jun 2024 penalty interest rate 11 50 12 50 effective 1 jan 30 jun 2024 more interest rates most used tags loans bank of finland monetary policy deposits ecb pressrelease1 interest rates governing council of the ecb olli rehn statistics career in bank of finland balance sheet of the bank of finland board s speeches youtube videos follow us twitter linkedin slideshare flickr youtube facebook instagram subscribe to releases and materials subscribe contacts bank of finland snellmaninaukio po box 160 00101 helsinki tel 358 9 1831 map disclaimer feedback data protection accessibility electronic signature bofbulletin fi financial literacy bank of finland museum national treasures bofit annual report financial supervisory authority european central bank to the media open data portal suomen pankki finlands bank bank of finland click here to edit your cookie settings marketing cookies click here to edit your cookie settings
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