Money and payments – Bank of Finland's Annual Report 2022
One of the basic tasks of the Bank of Finland is to maintain the cash supply and issue banknotes in Finland. Russia’s war in Ukraine increased the demand for cash in 2022.
A common management vision for the Bank of Finland and the Financial Supervisory Authority – Bank of Finland's Annual Report 2021
The Bank of Finland Board adopted in autumn 2021 a common management vision for the Bank of Finland and the Financial Supervisory Authority. The new management vision represents a common view of manag...
Hybrid working and revised employee benefits provide flexibility for Bank of Finland staff – Bank of Finland's Annual Report 2022
After the COVID-19 restrictions were lifted, the Bank of Finland switched to a flexible combination of remote and on-site working
Operations and strategy – Bank of Finland's Annual Report 2021
In 2021, the Bank of Finland focused on implementing and consolidating the strategy it had updated in 2020.
Statement regarding the audit – Bank of Finland's Annual Report 2021
financial statements, auditor's report
Management of financial assets – Bank of Finland's Annual Report 2022
One of the statutory tasks of the Bank of Finland is the holding and management of foreign reserves. Market conditions in 2022 were challenging, and the return on the Bank of Finland’s financial asset...
Bank of Finland's goal is a carbon-neutral investment portfolio – Bank of Finland's Annual Report 2021
In 2021, the Bank of Finland set a carbon neutrality goal for its investment portfolio and announced the first intermediate targets for its climate roadmap. The regularly reviewed intermediate targets...
Sustainability work means concrete everyday actions – Bank of Finland's Annual Report 2022
personnel, climate, sustainability, responsibility
Financial sector plays a significant role in climate change mitigation – Bank of Finland's Annual Report 2021
The role of access to finance as an enabler of the green transition has become increasingly important in recent years. Central banks and supervisors therefore assess the potential risks that climate c...
Bank of Finland reviewed calculation of its carbon footprint in 2021 – Bank of Finland's Annual Report 2021
The Bank of Finland’s carbon footprint for 2021 was calculated using the internationally approved and recommended Greenhouse Gas Protocol (GHG) methodology. At the same time, new emission sources were...
European Central Bank revises monetary policy strategy – Bank of Finland's Annual Report 2021
The principal changes in the new monetary policy strategy concern the price stability definition and the ECB’s inflation target. The new strategy adopts a symmetric inflation target of 2% over the med...
Forecasting of the Finnish economy – Bank of Finland's Annual Report 2018
The Bank of Finland published two macroeconomic forecasts for the Finnish economy in 2018. The Finnish economy is booming for the first time in many years, but growth will slow noticeably in the next ...
Prudence needed on gradual path towards monetary policy normalisation – Bank of Finland's Annual Report 2018
The Governing Council of the European Central Bank decided to conclude its net purchases under the asset purchase programme at the end of 2018.
Bank of Finland voted one of the most inspiring places to work in 2021 – Bank of Finland's Annual Report 2021
In 2021, Bank of Finland staff continued as a general rule to work from home (teleworking). During the COVID-19 pandemic, wellbeing at work has seen an emphasis on clear communication by the employer ...
Annual report – Bank of Finland's Annual Report 2018
The Bank of Finland is the national monetary authority and central bank of Finland.
Monetary policy – Bank of Finland's Annual Report 2021
The Eurosystem is responsible for the single monetary policy of the euro area. The main objective of monetary policy is to keep prices stable in the euro area, so that the value of money is held more ...