Major industries - metals and metal products, electronics, machinery and scientific instruments, shipbuilding, pulp and paper, foodstuffs, chemicals, textiles, clothing
Banks (2010) - 313 banks; 1,605 branches; 24,696 employees; assets – EUR 439,96 billion; loans – EUR 143,39 billion; deposits –EUR 116,78 billion
Banking regulations – Finanssivalvonta (Fiva), or the Financial Supervisory Authority (FIN-FSA), is the authority for supervision of Finland’s financial and insurance sectors. The entities supervised by the new authority include banks, insurance and pension companies as well as other companies operating in the insurance sector, investment firms, fund management companies and the Helsinki Stock Exchange. In administrative terms, the FIN-FSA operates in connection with the Bank of Finland, but it is purely independent in making decisions related to its supervisory work. The FIN-FSA has about 210 employees with its office situated in Helsinki. The minimum share capital requirement to set up a bank in Finland is EUR 5 million.