Export Credit Norway | Export Credit Agency (ECA) in Norway
Norway’s long-term, government-backed export financing system consists of two actors: Export Credit Norway AS, which provides loans, and the Norwegian Export Credit Guarantee Agency (GIEK), which issues guarantees. The public-sector export financing system is intended as a supplement to commercial financial institutions. Export Credit Norway provides a powerful sales tool: competitive, medium- to long-term financing directly linked to your prospective export contract. We assist both small and large enterprises and would be happy to support you in your sales process.
A summary of Export Credit Norway
Export Credit Norway – Benefits of using an ECA in Norway
- Credit Guarantee
- Insurance and safety
Export Credit Norway provides a powerful sales tool: competitive, medium- to long-term financing directly linked to your prospective export contract. We assist both small and large enterprises and would be happy to support you in your sales process.
- Export Credit Financing
- Ship Financing Scheme
Export Credit Norway is wholly owned by the Norwegian Government and is administered by the Ministry of Trade, Industry and Fisheries. Operating since 1 July 2012, the Credit Agency now has more than 45 employees.
Export Credit Norway offers loans with two different sets of interest terms: fixed-rate Commercial Interest Reference Rate (CIRR) loans and CIRR-qualified market loans with variable rates. Both types of loans may be disbursed in all OECD currencies, and both comply with the OECD Arrangement on Officially Supported Export Credits.
Cars and Vehicles – One of the biggest exports globally, we’re experts in trading automobiles, working with car dealerships and fleet management services
Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio
Electronics – The circuit board, software, and hardware markets have benefited huge growth as a result of consumer demand, find out about our electronics offering here
Are you an exporter based in NORWAY?
See our TFG Norway Export guide here. here.