This report does not constitute a rating action. FRANKFURT (S&P Global Ratings) Oct. 29, 2026--After a review of Finland's banking sector, S&P Global Ratings today said that Finnish banks are positioned for a broader-based rebound in growth as Finland's macroeconomic momentum strengthens. Real GDP growth is projected to reach 1.6% in 2026, nearly doubling our previous expectations, and 1.8% in 2027, on robust export performance and strategic investments in digital infrastructure and AI-related technology. This economic acceleration is expected to support the labor market, with employment having risen in the first half of 2026 and unemployment projected to decline gradually to below 8.5% by 2029 from 10% in 2026. However, despite this improving trajectory, the Finnish banking sector faces headwinds
