Finland
Who we are
Finland at a glance
The total population of Finland is approximately 5.5 million people. The most populous region is the Uusimaa region, home to 1.7 million residents. Helsinki is the capital city of Finland.
Banking
Finland is home to a thriving financial sector, with a large number of banks and financial regulators operating within the country. Approximately 185 financial institutions operate in the country, with some of the largest being Nordea Bank, OP Financial Group and Danske Bank. The central bank of Finland is Suomen Pankki – Finlands Bank.
Website : www.suomenpankki.fi
Address: Snellmaninaukio 2 A, P.O. Box 160, FI-00101 Helsinki, Finland
Email: communications@bof.fi
Website : www.suomenpankki.fi
Address: Snellmaninaukio 2 A, P.O. Box 160, FI-00101 Helsinki, Finland
Email: communications@bof.fi
Peer-to-Peer Lending Regulations
Peer-to-peer (P2P) lending is regulated by the Financial Supervisory Authority of Finland (FIN-FSA).
Website: https://www.finanssivalvonta.fi/en/frontpage/
Email: finanssivalvonta@finanssivalvonta.fi
Contact: +358 9 183 5311
Website: https://www.finanssivalvonta.fi/en/frontpage/
Email: finanssivalvonta@finanssivalvonta.fi
Contact: +358 9 183 5311
Financial Regulators
The primary financial regulator is the Financial Supervisory Authority (Finanssivalvonta or Fiva).It is an independent authority responsible for supervising and regulating the financial markets and institutions. It was established to ensure the stability, integrity and transparency of the financial sector, as well as to protect consumers and investors.
Website: https://www.finanssivalvonta.fi/en/
Address: Financial Supervisory Authority (Fiva), Snellmaninkatu 6 , P.O. Box 103, 00101 Helsinki, Finland.
Website: https://www.finanssivalvonta.fi/en/
Address: Financial Supervisory Authority (Fiva), Snellmaninkatu 6 , P.O. Box 103, 00101 Helsinki, Finland.
Small Claims Procedure
Small claims are handled by the district courts (Käräjäoikeus). The maximum amount that can be claimed in small claims court is €5,000. The procedure is relatively informal, and lawyers are not required, although they can be present if both parties agree. More information can be found on the website of the Finnish courts (www.oikeus.fi).
Competitor Information
The major competitor actively issuing credit in Consumer Lending is Fixura (https://fixura.com )