Statistics

The Bank of Finland is responsible for the production of Finnish data for statistics on monetary financial institutions and financial and balance of payments statistics, as determined by the Governing Council of the European Central Bank. The Bank of Finland compiles ESCB statistics on monetary financial institutions, investment funds, securities and payments for Finland. Statistics Finland compiles balance of payments and financial accounts statistics for Finland.

  • Payment statistics for year 2018 have been published

    Payment statistics for year 2018 have been published

    In 2018, a total of approximately 2.9 billion payments were made from Finnish bank accounts. The combined share of card payments and credit transfers was 96% of the total. Card payments remained the most common retail payment method in Finland while cash withdrawals continued to decrease.

  • Over a third of card payments contactless in 2018

    Over a third of card payments contactless in 2018

    The number of contactless payments reached a record high of 631 million in 2018, which was 68 % more than in 2017. The total number of card payments was 1.8 billion last year, of which contactless payments accounted for 35%. At the end of 2018, 80% of cards already included the contactless payment function.

  • Market shares of credit institutions

    Market shares of credit institutions

    At the end of December 2018, Finnish households had taken out EUR 97.6 bn worth of housing loans from credit institutions operating in Finland. OP Financial Group (39.5%) accounted for the largest share of the housing loan stock, followed by Nordea (28.8%) and Danske Bank (11.0%).

     

  • Market shares of credit institutions

    Market shares of credit institutions

    The stock of loans taken out by Finnish non-financial corporations from credit institutions operating in Finland totalled EUR 53.4 bn at the end of December 2018. OP Financial Group and Nordea accounted for the largest share of the corporate loan stock, 39,6% and 30.3% respectively. Danske Bank ranked third, with a share of 9.1%.

     

  • Student loan drawdowns record high in January

    Student loan drawdowns record high in January

    In January 2019, drawdowns of student loans amounted to EUR 285 million, which is EUR 15 million more than in the corresponding period a year earlier and also more than ever before. The average interest rate on student loans drawn down in January 2019 was 0.48%. Of the new loans, 82% were linked to Euribor rates and 18% to prime rates.

  • Increase in the share of housing loans with longer repayment periods

    Increase in the share of housing loans with longer repayment periods

    The most typical repayment period for housing loans in Finland is 20–25 years. These loans account for almost 50% of all housing loans in Finland. Housing loans with the longest repayment periods – i.e. loans exceeding over 30 years – are still relatively rare. However, their share has increased.

  • FURTHER GROWTH IN PEER-TO-PEER LENDING TO INDIVIDUALS

    FURTHER GROWTH IN PEER-TO-PEER LENDING TO INDIVIDUALS

    In 2018, the total funding volume mediated in the peer-to-peer and crowdfunding market in Finland was about EUR 307 million. The Finnish peer-to-peer and crowdfunding market is still growing strongly. However, the pace of growth has moderated from the previous years.

     

The Statistics section also contains data on exchange rates and market and policy interest rates. Through the links ‘Chart gallery’ and ‘Euro area statistics’, you can download statistical data on other euro area countries and the euro area in the form of charts and tables.

The statistics are produced in line with regulations and guidelines concerning the contents and quality of ESCB statistics. All publicly released ESCB statistics may be accessed and reused free of charge (further information: Policy regarding the reuse of ESCB statistics).

 

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