The social development bank for Europe

City of Vantaa municipal investment

  • Approval date

    15 June 2018

  • Borrower

    City of Vantaa

  • Country

    Finland

  • Loan size

    € 60 000 000

  • Line of action

    Sustainable and inclusive growth

  • Status

    Completed

Increase of the existing loan by €60 million (to a total amount of €120 million) to part-finance investments in social infrastructures, including the construction of new and supplementary buildings as well as the restoration, and mostly renovation, of existing facilities. Final beneficiaries will include a large numbers of the City of Vantaa’s population representing different age and society groups including certain vulnerable groups, such as the elderly, immigrants and refugees, as well as children, school pupils, teachers, hospitals’ patients, inhabitants attending cultural events or libraries, persons practising sport activities and families.

New Loan and Grant Agreements Signed with Finland

Press release 12 November 2018

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