Exportkreditnämnden
EKN, the Swedish Export Credit Agency, is a self-financed government agency that promotes Swedish exports and the internationalisation and competitiveness of Swedish companies. We offer exporting companies and banks guarantees for payment and financing, together with advice on business structure and risk management. EKN also offers investment insurance, and a guarantee for banks lending to raw material producers with sales to Sweden.
EKN is a pure cover provider of singe risk. Funding is offered by The Swedish Export Credit Corporation (SEK), a state-owned company.
Address details
• Export credit insurance:
Short term and medium/long term
Supplier credits and buyer credits
Green export credit guarantee with higher cover
Pre-shipment cover for exporter in combination with export credit insurance
Bill of exchange guarantee, for bank discounting a B/E
Letter of Credit Guarantee to bank for confirmed Letter of Credit, short and medium/long term
• Project finance:
Project finance transactions underwritten within EKN’s normal guarantee facility
• Bonds and guarantees:
Cover for exporter against unfair calling
Counter guarantee for issuer of bond/bank guarantee for exporter recourse risk
• Investment insurance:
Conversion and transfer cover, war and civil war cover, expropriation/confiscation cover.
• Other products:
Working capital guarantee and Investment credit guarantee for lending to SMEs & Midcorp
Green credit guarantee for all company sizes for loans to domestic investments
Raw materials guarantee, for banks lending to a major investment abroad with the purpose of securing the production of raw materials and supply to Sweden.
Founded: 1933
Ownership: 100% governmental agency, EKN is the Swedish Export Credit Agency (ECA) issuing guarantees on behalf of the Swedish state.
Institutional Set up and Mandate