Export Credit Norway | Export Credit Agency (ECA) in Norway

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      • Informing today's market

        Financing tomorrow's trade

        Soft Commodities Trader

        Due to increased sales, a soft commodity trader required a receivables purchase facility for one of their large customers - purchased from Africa and sold to the US.

        Metals Trader

        Purchasing commodities from Africa, the US, and Europe and selling to Europe, a metals trader required a receivables finance facility for a book of their receivables/customers.

        Energy Trading Group

        An energy group, selling mainly into Europe, desired a receivables purchase facility to discount names, where they had increased sales and concentration.

        Clothing company

        Rather than waiting 90 days until payment was made, the company wanted to pay suppliers on the day that the title to goods transferred to them, meaning it could expand its range of suppliers and receive supplier discounts.

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        Informing Today’s Market, Financing tomorrow’s Trade.

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Export Credit Norway

Joana Fabiao
Joana Fabiao is the Marketing Manager at Trade Finance Global (TFG). She holds a BA in International Business from the University of Westminster, with a core focus on Global Economic Issues, International Financial Management and Organisational Behaviour. She also holds a certificate in Bloomberg Market Concepts. Prior to working at TFG she worked as Junior Consultant in the Marketing and Events Department at Westminster Business Consultants, focusing on their social media campaigns, content and marketing strategy.

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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.

Key Stats

Name

Export Credit Norway

Country

NORWAY

CEO

Otto Søberg Export Credit Norway CEO

Founded

2012

Employees

45

Government:

Norweagean Government

Company Number

Registration number here

Address

Hieronymus Heyerdahls gate 1 Post Box 1315 Vika NO-0112 Oslo

 

Description:

Export Credit Norway deals with the entire loan application process, including commitment, disbursement and monitoring of loans. Export Credit Norway is wholly owned by the Norwegian Government, and is administered by the Ministry of Trade, Industry and Fisheries. 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.

A summary of Export Credit Norway

https://youtu.be/gZpHx4POG1A

Export Credit Norway – Benefits of using an ECA in Norway

  •  Loans
  •  Credit Guarantee
  •  Insurance and safety

What types of products and services do Export Credit Norway offer in Norway?

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

History of Export Credit Norway

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.

Website

Are you an exporter based in Norway?

See our TFG Norway Export guide

Find out more

Cars and Vehicles

One of the biggest exports globally, we’re experts in trading automobiles, working with car dealerships and fleet management services

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Raw Materials

From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio

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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

Read More

  • Norway Trade Insights
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