In the global history of central banking, the Bank of Finland is certainly no novice. Founded in 1811, the Bank of Finland is the fourth oldest central bank in the world today. Only the Swedish, British and French central banks are older than us.
However, we could even make a claim to share Sweden’s top position – its central bank, Riksbanken, was founded in 1668 when Finland was still firmly part of the Kingdom of Sweden! In fact, our best-known economist before the 2016 Nobelist Bengt Holmström, was Anders Chydenius, who played a very active role in the economic policy debates of 18th century Stockholm.