Knowledge (XXG)

Bank of Finland

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594: 703: 52: 632: 663: 617: 3208: 2890: 212: 338:. In 1840, the remaining riksdaler banknotes in Finland were withdrawn from circulation and substituted by rubles, and the withdrawn riksdaler notes were exchanged for silver at the Riksbank in Stockholm. This allowed the Bank of Finland (which took that name in 1840) to accumulate a significant metallic reserve, start discounting bills of exchange, and generally become much larger and more liquid in the 1840s, in contrast to the Russian 647: 253: 1222: 688: 242: 2900: 2678: 43: 220: 346:. From then on, Russian currency-denominated notes became the dominant means of payment in the Grand Duchy, and the Bank of Finland's banknotes represented less than one percent of all banknotes circulating in the Russian Empire, thus Finland had effectively no monetary autonomy. Consequently, Finland suffered from the Russian monetary disorder associated with the 307:. It started operations in August 1812. It was owned and controlled by the Grand Duchy's government, but from the start had its own capital and balance sheet. The Grand Duchy government was usually in surplus and did not use the Office to finance itself, allowing it to extend credit to the Finnish economy instead. It issued 741:
through the Parliamentary Supervisory Council and the Board of the bank. The Board is responsible for the administration of the bank, and the Parliamentary Supervisory Council for supervising the administration and activities of the bank and for other statutory tasks. The bank is governed under the
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of the Bank of Finland, which has historically been driven by the imperative for Finland to gain a granular understanding of the economic situation of Russia. It was created in 1991 and drives its name from the Finnish name of the department from which it originated, namely BOF for Bank of Finland
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had again plunged Russia into monetary turmoil, and the ruble remained only partly convertible into markka (coins in small quantities). Even after Russia joined the gold standard in 1897, an imperial decree issued in 1904 restored the legal tender status of Russian ruble gold coins in Finland, but
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occupied the Bank of Finland's head office together with other strategic points of Helsinki in late January 1918 and secured control of the printing presses. The bank's professional staff refused to obey them, however, and the gold reserves had been precautionarily removed to the branch in
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or research in bilateral trade. The full name has changed over the years, until 2021 as "Bank of Finland Institute for Economies in Transition" and since November 2021 as "Bank of Finland Institute for Emerging Economies". Since 2009, BOFIT has been led by
480:. The White side remained in control of the gold reserves, half of the branch network in Finland, and foreign assets, but suffered from a cash shortage as it had no capacity to print banknotes. The German troops fighting the 397:), thus strengthening its independence and accountability along the lines adopted by Sweden. To reflect the Bank's new institutional position, plans were made to move it away from its location in the southern wing of the 377:
obtained from Alexander the right to keep the markka linked to the silver standard irrespective of the ruble's situation, which was implemented in March 1866. From then on, the Bank of Finland effectively set its own
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After these dramatic events, the Bank of Finland kept facing high inflation, but eventually managed to stabilize the markka in 1923 at about ten percent of its prewar gold value. It returned to the
2659: 1635: 2568: 1541: 382:, making the Grand Duchy a separate currency zone from the rest of the Russian Empire, with the markka fluctuating in the range of 2.79 to 3.60 to the ruble between 1866 and 1875. 2563: 2936: 353:
Requests for greater protection from Russian monetary vagaries developed in parallel with the Russian efforts at monetary stabilization, including the establishment of the
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in central Helsinki. The bank purchased a nearby plot of land in 1875 and held a design competition in 1876, which was won by Balto-German architect
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as currency. To that effect, the Office of Exchange, Lending, and Deposits was chartered on 12 December 1811 and established on 1 March 1812 in
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in Northern Finland; The Reds tried to seize the reserves in Kuopio by force in early February, but withdrew after a weeklong battle.
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with its own administrative structure. One aim of the new authorities was to sever Finland's previous economic integration with
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eventually retook control of the head office on 13 April 1918, and the Bank of Finland reopened for business on 22 April 1918.
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and its financially disastrous aftermath. The convertibility of its banknotes to silver was again restricted from April 1854.
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New practices and technologies led the Bank of Finland to phase out its local branch network, starting with closing the
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The highest official in the bank is the Governor who also chairs the board. Members of the Board in August 2018 were
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in operation. The Turku branch was closed in 2007, those in Tampere and Kuopio in 2012, and the Oulu branch in 2019.
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and a renewed inflationary episode until the early 1950s, the Bank of Finland managed the country's regime of
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and provided credit to local landowners and merchants. Its design was inspired by Russian Secretary of State
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at the time). In 1865, the Bank of Finland finally secured monetary policy autonomy when Finnish Senator
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during the civil war, and the other Executive Board members who stayed with the White government in
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and other Russian public banks of the time. The Bank soon opened its first branches in Turku and
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branch in 1963. In the years 1991–1994, eight other branches were closed, leaving only Turku,
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Bank of Finland strong box which moved to Helsinki with the bank when it relocated from Turku
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In 1868, the ownership and oversight of the Bank was transferred from Finland's executive
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in Helsinki, the Bank's home from 1824 until relocation to its current building in 1883
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The Bank of Finland still exists but many functions have been taken over by the ECB.
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became the chair of the Executive Board in Helsinki, in competition to governor
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was formed by merging Rata with the previously separate insurance supervisor.
504: 164: 2914: 1701: 1688: 405:. The new building's construction started in 1878 and was completed in 1883. 1088: 749: 653: 564:, financial supervision was reorganized in Finland with the creation of the 473: 91: 1350:[Exchange, Loan and Deposit Office in the Grand Duchy of Finland]. 1614: 1431: 2688: 2297: 1934: 1917: 522:
The Bank's head office building was damaged by Soviet bombing during the
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Postage stamp commemorating the 150th anniversary of the Bank of Finland
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Office of Exchange, Lending, and Deposits of the Grand Duchy of Finland
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Waihetus-, Laina- ja Depositioni-Contori Suomen Suuren-ruhtinaanmaassa
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In 1876, Alexander II assented to Finland's shift from silver to the
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All the Finnish BIC-codes and an IBAN counter for all Finnish banks
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The Evolution of the Monetary System of the Grand Duchy of Finland
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The Bank of Finland is Finland's central bank and a member of the
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authorized the Bank of Finland to issue its own denomination, the
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The Bank's current head office completed in 1883, with statue of
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The Emergence of Modern Central Banking from 1918 to the Present
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provisions of the Act on the Bank of Finland, passed in 1998.
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in 1860 and subsequent reforms initiated by finance minister
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International Centre for Settlement of Investment Disputes
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International Bank for Reconstruction and Development
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Holtfrerich, Carl-L.; Reis, Jaime (5 December 2016).
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In the spring of 1933, it pegged the markka to the 191:, having been originally created in 1811-1812 as the 130: 3181: 3025: 2994: 2953: 2854: 2808: 2686: 2594: 2542: 2501: 2470: 2444: 2243: 2164: 2072: 1974: 1859: 1757: 1524:"The Whites' financial organisation during the war" 745:The bank had a staff of about 380 persons in 2017. 126: 115: 107: 97: 87: 76: 68: 58: 587:on 1 June 1998, becoming its first female member. 1470:"Occupation of the Bank of Finland's head office" 1270:"The Organisation and Structure of Central Banks" 784:Bank of Finland Institute for Emerging Economies 778:Bank of Finland Institute for Emerging Economies 1096:Chairs of the Parliamentary Supervisory Council 2930: 2653: 2617:Central banks and currencies of the Caribbean 2422: 1731: 799: 8: 2627:Central banks and currencies of the Americas 2612:Central banks and currencies of Asia-Pacific 585:Executive Board of the European Central Bank 21: 599:Helsinki head office extension designed by 491:in 1926, but floated again in the wake the 2937: 2923: 2915: 2660: 2646: 2638: 2429: 2415: 2407: 2170: 2078: 1980: 1865: 1738: 1724: 1716: 1452:"The main building of the Bank of Finland" 50: 41: 20: 1263: 1261: 416:, a stance it kept until the outbreak of 2584:Multilateral Investment Guarantee Agency 1506:"Organisation of the Red administration" 1395: 1393: 1391: 1389: 1387: 1385: 1383: 1381: 1277:Katalog der Deutschen Nationalbibliothek 1079:1998–2004 (retired early due to illness) 1446: 1444: 1442: 1425: 1423: 1421: 1419: 1417: 1415: 1413: 1358:from the original on 13 September 2017. 1257: 1241:Finnish Financial Supervisory Authority 589: 570:Finnish Financial Supervisory Authority 2622:Central banks and currencies of Europe 2607:Central banks and currencies of Africa 2457:Basel Committee on Banking Supervision 1582: 1580: 2574:International Development Association 425:was never implemented because of the 330:In 1819 the institution relocated to 7: 1488:"Events around the branches: Kuopio" 1430:Seppo Honkapohja (23 October 2014), 733:The Bank of Finland is owned by the 389:to its recently revived legislative 718:Mandate, ownership and organization 237:, the Bank's seat from 1819 to 1824 2452:Bank for International Settlements 1665:(in Finnish, Swedish, and English) 1622:Bank for International Settlements 14: 2579:International Finance Corporation 1638:. Bank of Finland. Archived from 515:a year later in the midst of the 3238:European System of Central Banks 3207: 3206: 2898: 2889: 2888: 2871:European System of Central Banks 2676: 1220: 973:Gustaf Robert Alfred Charpentier 724:European System of Central Banks 701: 686: 661: 645: 630: 615: 592: 355:State Bank of the Russian Empire 57: 2976:Bank of the Republic (Colombia) 493:European banking crisis of 1931 175:from 1865 to 1998, issuing the 163:) is the Finnish member of the 3258:1812 establishments in Finland 2483:Contractionary monetary policy 1846:History of independent Finland 708:Former branch in Viipuri, now 283:annexed Finland and made it a 1: 3118:Oesterreichische Nationalbank 2780:Oesterreichische Nationalbank 1668:Bank of Finland official site 1613:Olli Rehn (9 November 2021). 869:Johan Gustaf Winter 1827–1841 2986:Central Reserve Bank of Peru 2488:Expansionary monetary policy 930:Carl Isak Björkman 1862–1866 562:1990s Finnish banking crisis 3268:Banks of the Russian Empire 3194:Reserve Bank of New Zealand 2554:International Monetary Fund 1433:Bank of Finland's 200 years 1406:, Helsinki: Bank of Finland 579:, Bank of Finland Governor 577:Economic and Monetary Union 291:, including the use of the 3284: 3103:Central Bank of Luxembourg 2765:Central Bank of Luxembourg 2101:Government-owned companies 1772:Finland under Swedish rule 927:Wilhelm Blidberg 1858–1861 816:, who joined it in 1995. 272: 3253:Banks established in 1812 3202: 3189:Reserve Bank of Australia 3128:National Bank of Slovakia 2966:Central Bank of Argentina 2884: 2790:National Bank of Slovakia 2462:Financial Stability Board 2361: 2173: 2112:National income agreement 2081: 1983: 1868: 1804:Golden Age of Finnish Art 1336:– via Google Books. 526:air raids of 1944. After 509:Prime Minister of Finland 325:French invasion of Russia 136: 98:Central bank of 49: 40: 3168:National Bank of Romania 3038:National Bank of Belgium 2876:European Investment Bank 2841:National Bank of Romania 2705:National Bank of Belgium 1988:Administrative divisions 1590:[Organization]. 303:, partly modeled on the 3163:National Bank of Poland 3158:Hungarian National Bank 3143:Bulgarian National Bank 3083:Central Bank of Ireland 2836:National Bank of Poland 2831:Hungarian National Bank 2816:Bulgarian National Bank 2745:Central Bank of Ireland 1819:Finland in World War II 1809:Independence of Finland 898:Alex Federley 1853–1854 793:(BOFIT) is an internal 439:independence of Finland 16:Central Bank of Finland 3048:Central Bank of Cyprus 3043:Croatian National Bank 3017:Central Bank of Turkey 2715:Central Bank of Cyprus 2710:Croatian National Bank 800: 763:(Deputy Governor) and 737:, and governed by the 375:Johan Vilhelm Snellman 265: 249: 238: 216: 200: 160: 152: 3153:Danmarks Nationalbank 3113:De Nederlandsche Bank 3108:Central Bank of Malta 3033:European Central Bank 2866:European Central Bank 2826:Danmarks Nationalbank 2775:De Nederlandsche Bank 2770:Central Bank of Malta 2602:List of central banks 2534:Sovereign wealth fund 2529:Open market operation 1702:60.17121°N 24.95246°E 1560:"Eurosystem and ESCB" 1366:Alexander I of Russia 1268:Weidner, Jan (2017). 1246:List of central banks 1023:Johan Wilhelm Rangell 831:Claes Johan Edelsköld 583:joined the inaugural 511:in December 1939 and 395:Parliament of Finland 340:State Commercial Bank 301:Alexander I of Russia 255: 244: 222: 214: 120:European Central Bank 2349:World Heritage Sites 1400:Juha Tarkka (2010), 532:financial repression 414:Latin Monetary Union 3148:Czech National Bank 3053:Deutsche Bundesbank 2821:Czech National Bank 2720:Deutsche Bundesbank 2478:Capital requirement 1698: /  1368:, 20 November 1811 934:Victor von Haartman 915:Frans Ivar Edelheim 735:Republic of Finland 433:Independent Finland 361:. On 4 April 1860, 359:Michael von Reutern 37: 2142:Telecommunications 1782:Great Northern War 1707:60.17121; 24.95246 1362:Imperial ordinance 1301:on 28 October 2014 1236:Economy of Finland 1147:Pentti Mäki-Hakola 1102:Erik von Frenckell 1041:Rainer von Fieandt 873:Carl Wilhelm Trapp 844:Carl Johan Idestam 739:Finnish Parliament 482:Battle of Helsinki 472:, who remained in 441:in late 1917, the 437:Shortly after the 427:Russo-Japanese War 266: 250: 239: 217: 169:monetary authority 3220: 3219: 3173:Sveriges Riksbank 3123:Banco de Portugal 3098:Bank of Lithuania 2912: 2911: 2846:Sveriges Riksbank 2785:Banco de Portugal 2760:Bank of Lithuania 2698: 2635: 2634: 2404: 2403: 2357: 2356: 2160: 2159: 2068: 2067: 2050:Political parties 2003:Foreign relations 1970: 1969: 1171:Olavi Ala-Nissilä 1071:Sirkka Hämäläinen 693:Former branch in 652:Former branch in 637:Former branch in 622:Former branch in 610:in the late 1950s 581:Sirkka Hämäläinen 566:Rahoitustarkastus 422:Russo-Turkish War 420:. Meanwhile, the 321:Mikhail Speransky 293:Swedish riksdaler 246:Government Palace 167:and has been the 141: 140: 111:6 230 million USD 36: 29: 3275: 3233:Banks of Finland 3210: 3209: 3133:Bank of Slovenia 3073:Banque de France 2939: 2932: 2925: 2916: 2902: 2892: 2891: 2809:Outside Eurozone 2795:Bank of Slovenia 2735:Banque de France 2693:(Members of the 2692: 2681: 2680: 2662: 2655: 2648: 2639: 2559:World Bank Group 2431: 2424: 2417: 2408: 2384: 2377: 2370: 2332:Independence Day 2322:National symbols 2171: 2079: 1981: 1873:Cities and towns 1866: 1851:Military history 1829:Continuation War 1740: 1733: 1726: 1717: 1713: 1712: 1710: 1709: 1708: 1703: 1699: 1696: 1695: 1694: 1691: 1666: 1652: 1651: 1649: 1647: 1642:on 7 August 2017 1632: 1626: 1625: 1619: 1610: 1604: 1603: 1601: 1599: 1584: 1575: 1574: 1572: 1570: 1556: 1550: 1549: 1538: 1532: 1531: 1520: 1514: 1513: 1502: 1496: 1495: 1484: 1478: 1477: 1466: 1460: 1459: 1448: 1437: 1436: 1427: 1408: 1407: 1397: 1376: 1359: 1344: 1338: 1337: 1317: 1311: 1310: 1308: 1306: 1297:. Archived from 1287: 1281: 1280: 1274: 1265: 1230: 1225: 1224: 1223: 1183:Seppo Kääriäinen 1165:Mauri Pekkarinen 1059:Ahti Karjalainen 1000: 986:Theodor Wegelius 981: 968: 955: 942: 923: 910: 902:Robert von Trapp 894: 886:Axel Ludvig Born 881: 865: 857:Otto Herman Lode 852: 839: 815: 803: 792: 773: 762: 705: 690: 677: 665: 649: 634: 619: 609: 601:Harry W. Schreck 596: 575:At the start of 524:Continuation War 471: 403:Ludwig Bohnstedt 393:(from 1906, the 232: 54: 45: 38: 35: 32: 28: 25: 3283: 3282: 3278: 3277: 3276: 3274: 3273: 3272: 3223: 3222: 3221: 3216: 3198: 3177: 3068:Bank of Finland 3063:Bank of England 3058:Bank of Estonia 3021: 2990: 2961:Federal Reserve 2949: 2943: 2913: 2908: 2880: 2858:EU institutions 2856: 2855:Banking-related 2850: 2804: 2730:Bank of Finland 2725:Bank of Estonia 2691: 2682: 2675: 2666: 2636: 2631: 2590: 2545: 2538: 2509:Capital control 2497: 2466: 2440: 2435: 2405: 2400: 2387: 2380: 2373: 2366: 2353: 2327:Public holidays 2239: 2156: 2064: 2028:Law enforcement 1966: 1855: 1787:The Great Wrath 1753: 1744: 1706: 1704: 1700: 1697: 1692: 1689: 1687: 1685: 1684: 1664: 1661: 1656: 1655: 1645: 1643: 1634: 1633: 1629: 1617: 1612: 1611: 1607: 1597: 1595: 1592:Bank of Finland 1586: 1585: 1578: 1568: 1566: 1564:Bank of Finland 1558: 1557: 1553: 1546:Bank of Finland 1540: 1539: 1535: 1528:Bank of Finland 1522: 1521: 1517: 1510:Bank of Finland 1504: 1503: 1499: 1492:Bank of Finland 1486: 1485: 1481: 1474:Bank of Finland 1468: 1467: 1463: 1450: 1449: 1440: 1429: 1428: 1411: 1399: 1398: 1379: 1346: 1345: 1341: 1334: 1319: 1318: 1314: 1304: 1302: 1295:Bank of Finland 1289: 1288: 1284: 1272: 1267: 1266: 1259: 1254: 1226: 1221: 1219: 1216: 1135:Mauri Miettinen 1098: 1035:Sakari Tuomioja 994: 992:Clas von Collan 975: 962: 960:Gösta von Troil 949: 936: 917: 904: 888: 875: 859: 846: 833: 827: 822: 809: 786: 780: 767: 765:Tuomas Välimäki 756: 720: 713: 706: 697: 691: 682: 671: 666: 657: 656:, now in Russia 650: 641: 635: 626: 620: 611: 603: 597: 501:interwar period 465: 463:Clas von Collan 435: 399:Senate Building 380:monetary policy 336:silver standard 311:denominated in 277: 271: 226: 224:Sederholm House 209: 185:Bank of England 145:Bank of Finland 82:state ownership 33: 30: 26: 23: 22:Bank of Finland 17: 12: 11: 5: 3281: 3279: 3271: 3270: 3265: 3260: 3255: 3250: 3245: 3240: 3235: 3225: 3224: 3218: 3217: 3215: 3214: 3203: 3200: 3199: 3197: 3196: 3191: 3185: 3183: 3179: 3178: 3176: 3175: 3170: 3165: 3160: 3155: 3150: 3145: 3140: 3135: 3130: 3125: 3120: 3115: 3110: 3105: 3100: 3095: 3093:Bank of Latvia 3090: 3085: 3080: 3078:Bank of Greece 3075: 3070: 3065: 3060: 3055: 3050: 3045: 3040: 3035: 3029: 3027: 3023: 3022: 3020: 3019: 3014: 3009: 3007:Bank of Israel 3004: 2998: 2996: 2992: 2991: 2989: 2988: 2983: 2981:Bank of Mexico 2978: 2973: 2971:Bank of Canada 2968: 2963: 2957: 2955: 2951: 2950: 2944: 2942: 2941: 2934: 2927: 2919: 2910: 2909: 2907: 2906: 2904:European Union 2896: 2885: 2882: 2881: 2879: 2878: 2873: 2868: 2862: 2860: 2852: 2851: 2849: 2848: 2843: 2838: 2833: 2828: 2823: 2818: 2812: 2810: 2806: 2805: 2803: 2802: 2797: 2792: 2787: 2782: 2777: 2772: 2767: 2762: 2757: 2755:Bank of Latvia 2752: 2747: 2742: 2740:Bank of Greece 2737: 2732: 2727: 2722: 2717: 2712: 2707: 2701: 2699: 2684: 2683: 2673:European Union 2667: 2665: 2664: 2657: 2650: 2642: 2633: 2632: 2630: 2629: 2624: 2619: 2614: 2609: 2604: 2598: 2596: 2592: 2591: 2589: 2588: 2587: 2586: 2581: 2576: 2571: 2566: 2556: 2550: 2548: 2540: 2539: 2537: 2536: 2531: 2526: 2524:Money creation 2521: 2519:Interest rates 2516: 2511: 2505: 2503: 2502:Implementation 2499: 2498: 2496: 2495: 2490: 2485: 2480: 2474: 2472: 2468: 2467: 2465: 2464: 2459: 2454: 2448: 2446: 2442: 2441: 2436: 2434: 2433: 2426: 2419: 2411: 2402: 2401: 2399: 2398: 2393: 2386: 2385: 2378: 2371: 2363: 2362: 2359: 2358: 2355: 2354: 2352: 2351: 2346: 2341: 2336: 2335: 2334: 2324: 2319: 2314: 2309: 2304: 2303: 2302: 2290: 2285: 2280: 2275: 2270: 2265: 2260: 2255: 2249: 2247: 2241: 2240: 2238: 2237: 2235:Welfare system 2232: 2227: 2226: 2225: 2220: 2210: 2205: 2200: 2195: 2190: 2188:Climate change 2185: 2180: 2174: 2168: 2162: 2161: 2158: 2157: 2155: 2154: 2149: 2144: 2139: 2134: 2132:Stock exchange 2129: 2124: 2119: 2114: 2109: 2103: 2098: 2093: 2088: 2082: 2076: 2070: 2069: 2066: 2065: 2063: 2062: 2060:Prime Minister 2057: 2052: 2047: 2042: 2041: 2040: 2030: 2025: 2020: 2015: 2010: 2005: 2000: 1995: 1990: 1984: 1978: 1972: 1971: 1968: 1967: 1965: 1964: 1959: 1958: 1957: 1952: 1947: 1942: 1937: 1927: 1922: 1921: 1920: 1910: 1905: 1903:National parks 1900: 1898:Municipalities 1895: 1890: 1885: 1880: 1878:Extreme points 1875: 1869: 1863: 1857: 1856: 1854: 1853: 1848: 1843: 1841:Finlandization 1838: 1837: 1836: 1831: 1826: 1816: 1811: 1806: 1801: 1796: 1791: 1790: 1789: 1779: 1774: 1769: 1763: 1761: 1755: 1754: 1745: 1743: 1742: 1735: 1728: 1720: 1682: 1681: 1676: 1670: 1660: 1659:External links 1657: 1654: 1653: 1627: 1605: 1588:"Organisaatio" 1576: 1551: 1533: 1515: 1497: 1479: 1461: 1438: 1409: 1377: 1354:(in Swedish). 1339: 1332: 1312: 1282: 1256: 1255: 1253: 1250: 1249: 1248: 1243: 1238: 1232: 1231: 1215: 1212: 1211: 1210: 1209:(2019–present) 1207:Antti Lindtman 1204: 1201:Matti Vanhanen 1198: 1192: 1186: 1180: 1177:Mari Kiviniemi 1174: 1168: 1162: 1156: 1153:Sauli Niinistö 1150: 1144: 1141:Erkki Pystynen 1138: 1132: 1129:Matti Jaatinen 1126: 1120: 1117:Juha Rihtniemi 1114: 1112:Veikko Kokkola 1109: 1107:Juho Niukkanen 1104: 1097: 1094: 1093: 1092: 1086: 1083:Erkki Liikanen 1080: 1074: 1068: 1062: 1056: 1053:Mauno Koivisto 1050: 1044: 1038: 1032: 1026: 1020: 1014: 1008: 1002: 989: 983: 970: 957: 944: 931: 928: 925: 912: 899: 896: 883: 870: 867: 854: 841: 826: 823: 821: 818: 807:Iikka Korhonen 779: 776: 719: 716: 715: 714: 707: 700: 698: 692: 685: 683: 667: 660: 658: 651: 644: 642: 636: 629: 627: 621: 614: 612: 598: 591: 560:Following the 497:pound sterling 434: 431: 367:Finnish markka 305:Bank of Sweden 281:Russian Empire 270: 269:Russian Empire 267: 208: 205: 189:Bank of France 177:Finnish markka 139: 138: 134: 133: 128: 124: 123: 117: 113: 112: 109: 105: 104: 99: 95: 94: 89: 85: 84: 78: 74: 73: 70: 66: 65: 60: 56: 55: 47: 46: 31:Finlands Bank 24:Suomen Pankki 15: 13: 10: 9: 6: 4: 3: 2: 3280: 3269: 3266: 3264: 3261: 3259: 3256: 3254: 3251: 3249: 3248:Central banks 3246: 3244: 3241: 3239: 3236: 3234: 3231: 3230: 3228: 3213: 3212:Central banks 3205: 3204: 3201: 3195: 3192: 3190: 3187: 3186: 3184: 3180: 3174: 3171: 3169: 3166: 3164: 3161: 3159: 3156: 3154: 3151: 3149: 3146: 3144: 3141: 3139: 3138:Bank of Spain 3136: 3134: 3131: 3129: 3126: 3124: 3121: 3119: 3116: 3114: 3111: 3109: 3106: 3104: 3101: 3099: 3096: 3094: 3091: 3089: 3088:Bank of Italy 3086: 3084: 3081: 3079: 3076: 3074: 3071: 3069: 3066: 3064: 3061: 3059: 3056: 3054: 3051: 3049: 3046: 3044: 3041: 3039: 3036: 3034: 3031: 3030: 3028: 3024: 3018: 3015: 3013: 3012:Bank of Korea 3010: 3008: 3005: 3003: 3002:Bank of Japan 3000: 2999: 2997: 2993: 2987: 2984: 2982: 2979: 2977: 2974: 2972: 2969: 2967: 2964: 2962: 2959: 2958: 2956: 2952: 2947: 2946:Central Banks 2940: 2935: 2933: 2928: 2926: 2921: 2920: 2917: 2905: 2901: 2897: 2895: 2894:Central banks 2887: 2886: 2883: 2877: 2874: 2872: 2869: 2867: 2864: 2863: 2861: 2859: 2853: 2847: 2844: 2842: 2839: 2837: 2834: 2832: 2829: 2827: 2824: 2822: 2819: 2817: 2814: 2813: 2811: 2807: 2801: 2800:Bank of Spain 2798: 2796: 2793: 2791: 2788: 2786: 2783: 2781: 2778: 2776: 2773: 2771: 2768: 2766: 2763: 2761: 2758: 2756: 2753: 2751: 2750:Bank of Italy 2748: 2746: 2743: 2741: 2738: 2736: 2733: 2731: 2728: 2726: 2723: 2721: 2718: 2716: 2713: 2711: 2708: 2706: 2703: 2702: 2700: 2696: 2690: 2685: 2679: 2674: 2670: 2669:Central banks 2663: 2658: 2656: 2651: 2649: 2644: 2643: 2640: 2628: 2625: 2623: 2620: 2618: 2615: 2613: 2610: 2608: 2605: 2603: 2600: 2599: 2597: 2593: 2585: 2582: 2580: 2577: 2575: 2572: 2570: 2567: 2565: 2562: 2561: 2560: 2557: 2555: 2552: 2551: 2549: 2547: 2544:Bretton Woods 2541: 2535: 2532: 2530: 2527: 2525: 2522: 2520: 2517: 2515: 2514:Discount rate 2512: 2510: 2507: 2506: 2504: 2500: 2494: 2493:Basel Accords 2491: 2489: 2486: 2484: 2481: 2479: 2476: 2475: 2473: 2469: 2463: 2460: 2458: 2455: 2453: 2450: 2449: 2447: 2443: 2439: 2438:Central banks 2432: 2427: 2425: 2420: 2418: 2413: 2412: 2409: 2397: 2394: 2392: 2389: 2388: 2383: 2379: 2376: 2372: 2369: 2365: 2364: 2360: 2350: 2347: 2345: 2342: 2340: 2337: 2333: 2330: 2329: 2328: 2325: 2323: 2320: 2318: 2315: 2313: 2310: 2308: 2305: 2301: 2300: 2296: 2295: 2294: 2291: 2289: 2286: 2284: 2281: 2279: 2276: 2274: 2271: 2269: 2266: 2264: 2261: 2259: 2256: 2254: 2251: 2250: 2248: 2246: 2242: 2236: 2233: 2231: 2228: 2224: 2221: 2219: 2216: 2215: 2214: 2211: 2209: 2206: 2204: 2201: 2199: 2196: 2194: 2191: 2189: 2186: 2184: 2181: 2179: 2176: 2175: 2172: 2169: 2167: 2163: 2153: 2150: 2148: 2145: 2143: 2140: 2138: 2135: 2133: 2130: 2128: 2125: 2123: 2122:Ship-building 2120: 2118: 2115: 2113: 2110: 2108: 2104: 2102: 2099: 2097: 2094: 2092: 2089: 2087: 2084: 2083: 2080: 2077: 2075: 2071: 2061: 2058: 2056: 2053: 2051: 2048: 2046: 2043: 2039: 2036: 2035: 2034: 2031: 2029: 2026: 2024: 2021: 2019: 2016: 2014: 2011: 2009: 2006: 2004: 2001: 1999: 1996: 1994: 1991: 1989: 1986: 1985: 1982: 1979: 1977: 1973: 1963: 1960: 1956: 1953: 1951: 1948: 1946: 1943: 1941: 1938: 1936: 1933: 1932: 1931: 1928: 1926: 1923: 1919: 1916: 1915: 1914: 1911: 1909: 1906: 1904: 1901: 1899: 1896: 1894: 1891: 1889: 1886: 1884: 1881: 1879: 1876: 1874: 1871: 1870: 1867: 1864: 1862: 1858: 1852: 1849: 1847: 1844: 1842: 1839: 1835: 1832: 1830: 1827: 1825: 1822: 1821: 1820: 1817: 1815: 1812: 1810: 1807: 1805: 1802: 1800: 1797: 1795: 1792: 1788: 1785: 1784: 1783: 1780: 1778: 1775: 1773: 1770: 1768: 1765: 1764: 1762: 1760: 1756: 1752: 1748: 1741: 1736: 1734: 1729: 1727: 1722: 1721: 1718: 1714: 1711: 1680: 1677: 1674: 1671: 1669: 1663: 1662: 1658: 1641: 1637: 1631: 1628: 1623: 1616: 1609: 1606: 1593: 1589: 1583: 1581: 1577: 1565: 1561: 1555: 1552: 1547: 1543: 1537: 1534: 1529: 1525: 1519: 1516: 1511: 1507: 1501: 1498: 1493: 1489: 1483: 1480: 1475: 1471: 1465: 1462: 1457: 1453: 1447: 1445: 1443: 1439: 1435: 1434: 1426: 1424: 1422: 1420: 1418: 1416: 1414: 1410: 1405: 1404: 1396: 1394: 1392: 1390: 1388: 1386: 1384: 1382: 1378: 1375: 1373: 1367: 1363: 1357: 1353: 1349: 1343: 1340: 1335: 1333:9781351890779 1329: 1326:. Routledge. 1325: 1324: 1316: 1313: 1300: 1296: 1292: 1286: 1283: 1278: 1271: 1264: 1262: 1258: 1251: 1247: 1244: 1242: 1239: 1237: 1234: 1233: 1229: 1218: 1213: 1208: 1205: 1202: 1199: 1196: 1195:Ben Zyskowicz 1193: 1190: 1187: 1184: 1181: 1178: 1175: 1172: 1169: 1166: 1163: 1160: 1159:Ilkka Kanerva 1157: 1154: 1151: 1148: 1145: 1142: 1139: 1136: 1133: 1130: 1127: 1124: 1123:Harri Holkeri 1121: 1118: 1115: 1113: 1110: 1108: 1105: 1103: 1100: 1099: 1095: 1090: 1087: 1084: 1081: 1078: 1077:Matti Vanhala 1075: 1072: 1069: 1066: 1065:Rolf Kullberg 1063: 1060: 1057: 1054: 1051: 1048: 1045: 1042: 1039: 1036: 1033: 1030: 1027: 1024: 1021: 1018: 1015: 1012: 1011:August Ramsay 1009: 1006: 1005:Otto Stenroth 1003: 998: 993: 990: 987: 984: 979: 974: 971: 966: 961: 958: 953: 948: 947:August Florin 945: 940: 935: 932: 929: 926: 921: 916: 913: 908: 903: 900: 897: 892: 887: 884: 879: 874: 871: 868: 863: 858: 855: 850: 845: 842: 837: 832: 829: 828: 824: 819: 817: 813: 808: 802: 796: 790: 785: 777: 775: 771: 766: 760: 755: 754:Marja Nykänen 751: 746: 743: 740: 736: 731: 729: 725: 717: 711: 704: 699: 696: 689: 684: 681: 675: 670: 669:Former branch 664: 659: 655: 648: 643: 640: 633: 628: 625: 618: 613: 607: 602: 595: 590: 588: 586: 582: 578: 573: 571: 567: 563: 558: 556: 552: 548: 544: 540: 535: 533: 529: 525: 520: 518: 517:Interim Peace 514: 510: 506: 502: 499:. During the 498: 494: 490: 489:gold standard 485: 483: 479: 475: 469: 464: 460: 459:Anton Huotari 455: 453: 448: 445:erupted. The 444: 440: 432: 430: 428: 423: 419: 415: 411: 410:gold standard 406: 404: 400: 396: 392: 388: 383: 381: 376: 372: 368: 364: 360: 356: 351: 349: 345: 341: 337: 333: 328: 327:in mid-1812. 326: 322: 318: 314: 310: 306: 302: 298: 294: 290: 286: 282: 279:In 1809, the 276: 268: 263: 262:Emil Wikström 259: 258:J.V. Snellman 254: 247: 243: 236: 230: 225: 221: 213: 206: 204: 202: 198: 194: 190: 186: 182: 178: 174: 170: 166: 162: 161:Finlands Bank 158: 154: 153:Suomen Pankki 150: 146: 135: 132: 129: 125: 121: 118: 114: 110: 106: 103: 100: 96: 93: 90: 86: 83: 79: 75: 71: 67: 64: 61: 53: 48: 44: 39: 19: 3067: 2948:of the World 2729: 2382:Bibliography 2299:The Kalevala 2298: 2273:Coat of arms 2258:Architecture 2193:Demographics 2117:Nordic model 2091:Central bank 2090: 2013:Human rights 1993:Constitution 1683: 1644:. Retrieved 1640:the original 1630: 1621: 1608: 1596:. Retrieved 1594:(in Finnish) 1591: 1567:. Retrieved 1563: 1554: 1545: 1536: 1527: 1518: 1509: 1500: 1491: 1482: 1473: 1464: 1455: 1432: 1402: 1369: 1351: 1342: 1322: 1315: 1303:. Retrieved 1299:the original 1294: 1285: 1276: 1228:Banks portal 801:idäntutkimus 781: 752:(Governor), 747: 744: 732: 721: 574: 559: 536: 528:World War II 521: 486: 456: 436: 407: 384: 371:French franc 363:Alexander II 352: 329: 278: 260:by sculptor 192: 144: 142: 116:Succeeded by 72:1 March 1812 59:Headquarters 34:(in Swedish) 27:(in Finnish) 18: 3263:Kruununhaka 2086:Agriculture 1930:Urban areas 1834:Lapland War 1799:Grand Duchy 1794:Finnish War 1705: / 1352:histdoc.net 1203:(2015–2019) 1197:(2011–2015) 1191:(2008–2011) 1185:(2007–2008) 1179:(2006–2007) 1173:(2003–2006) 1161:(1995–2003) 1149:(1991–1995) 1143:(1990–1991) 1137:(1987–1990) 1131:(1979–1987) 1125:(1971–1979) 1047:Klaus Waris 995: [ 976: [ 963: [ 950: [ 937: [ 918: [ 905: [ 889: [ 876: [ 860: [ 847: [ 834: [ 810: [ 798:and IT for 787: [ 768: [ 757: [ 726:and of the 672: [ 604: [ 539:Hämeenlinna 507:who became 466: [ 457:Red leader 418:World War I 348:Crimean War 285:Grand Duchy 275:Bank Polski 227: [ 69:Established 3243:Eurosystem 3227:Categories 2695:Eurosystem 2293:Literature 2208:Healthcare 2045:Parliament 2008:Government 1824:Winter War 1777:Cudgel War 1767:Prehistory 1693:24°57′09″E 1690:60°10′16″N 1372:in Russian 1305:28 October 1252:References 1189:Timo Kalli 1029:Risto Ryti 1017:Risto Ryti 820:Leadership 795:think tank 728:Eurosystem 505:Risto Ryti 447:Red Guards 273:See also: 187:, and the 165:Eurosystem 131:www.bof.fi 2317:Mythology 2213:Languages 2198:Education 2152:Transport 2055:President 2018:Judiciary 1998:Elections 1955:Jyväskylä 1908:Provinces 1861:Geography 1814:Civil War 1675:1811–1961 1456:Taide.Art 1291:"History" 1089:Olli Rehn 1085:2004–2018 1073:1992–1998 1067:1983–1992 1061:1982–1983 1055:1968–1982 1049:1957–1967 1043:1955–1957 1037:1945–1955 1031:1944–1945 1025:1943–1944 1019:1923–1940 1013:1923–1924 1007:1918–1923 1001:1907–1918 988:1898–1906 982:1884–1897 969:1875–1884 956:1870–1875 943:1866–1870 924:1856–1858 911:1854–1856 895:1853–1856 882:1841–1853 866:1820–1827 853:1817–1820 840:1812–1816 825:Governors 750:Olli Rehn 654:Sortavala 513:President 474:Stockholm 443:civil war 309:banknotes 92:Olli Rehn 77:Ownership 2954:Americas 2689:Eurozone 2471:Policies 2391:Category 2288:Folklore 2230:Religion 2178:Abortion 2137:Taxation 2127:Startups 2107:Industry 2033:Military 1976:Politics 1962:Wildlife 1935:Helsinki 1751:articles 1646:13 April 1598:14 April 1569:24 March 1356:Archived 1214:See also 712:, Russia 332:Helsinki 264:in front 235:Helsinki 181:Riksbank 108:Reserves 88:Governor 63:Helsinki 3182:Oceania 2687:Within 2671:of the 2368:Outline 2278:Cuisine 2245:Culture 2223:Swedish 2218:Finnish 2166:Society 2147:Tourism 2074:Economy 1940:Tampere 1913:Regions 1888:Islands 1883:Geology 1759:History 1747:Finland 1458:. 2024. 1119:(−1971) 680:Tampere 543:Tampere 317:kopecks 207:History 197:Finnish 173:Finland 157:Swedish 149:Finnish 127:Website 102:Finland 3026:Europe 2546:system 2445:Global 2396:Portal 2268:Cinema 2253:Anthem 2105:  2096:Energy 1925:Rivers 1749:  1330:  1167:(2003) 1155:(1995) 710:Vyborg 555:Vantaa 547:Kuopio 452:Kuopio 387:Senate 313:rubles 289:Sweden 183:, the 122:(1999) 2595:Lists 2375:Index 2344:Sport 2339:Sauna 2312:Music 2307:Media 2203:Finns 2183:Crime 1945:Turku 1918:Åland 1893:Lakes 1618:(PDF) 1273:(PDF) 1091:2018– 999:] 980:] 967:] 954:] 941:] 922:] 909:] 893:] 880:] 864:] 851:] 838:] 814:] 791:] 772:] 761:] 695:Turku 676:] 624:Kotka 608:] 478:Vaasa 470:] 344:Vaasa 297:Turku 231:] 80:100% 2995:Asia 2283:Flag 2038:NATO 1950:Oulu 1648:2017 1600:2017 1571:2023 1328:ISBN 1307:2014 782:The 639:Oulu 553:and 551:Oulu 391:Diet 315:and 171:for 143:The 2263:Art 2023:Law 1364:by 678:in 299:by 233:in 3229:: 1620:. 1579:^ 1562:. 1544:. 1526:. 1508:. 1490:. 1472:. 1454:. 1441:^ 1412:^ 1380:^ 1360:– 1293:. 1275:. 1260:^ 997:fi 978:fi 965:fi 952:fi 939:fi 920:fi 907:fi 891:fi 878:fi 862:fi 849:fi 836:fi 812:fi 789:fi 774:. 770:fi 759:fi 674:fi 606:fi 549:, 545:, 519:. 468:fi 429:. 229:fi 199:: 159:: 155:, 151:: 2938:e 2931:t 2924:v 2697:) 2661:e 2654:t 2647:v 2430:e 2423:t 2416:v 1739:e 1732:t 1725:v 1650:. 1624:. 1602:. 1573:. 1548:. 1530:. 1512:. 1494:. 1476:. 1374:) 1370:( 1309:. 1279:. 195:( 147:(

Index



Helsinki
state ownership
Olli Rehn
Finland
European Central Bank
www.bof.fi
Finnish
Swedish
Eurosystem
monetary authority
Finland
Finnish markka
Riksbank
Bank of England
Bank of France
Finnish


Sederholm House
fi
Helsinki

Government Palace

J.V. Snellman
Emil Wikström
Bank Polski
Russian Empire

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