GIEK

GIEK- (The Norwegian Export Credit Guarantee Agency) is a public enterprise under the Ministry of Trade, Industry and Fisheries (MTIF).  GIEK’s mandate is to promote Norwegian exports, ensure Norwegian value creation and serve as a good financial partner and adviser for Norwegian exporters by issuing guarantees on behalf of the state. Their guarantees are adapted to the needs of Norwegian export companies and foreign buyers, covering both political and commercial risk on loans issued by commercial banks or Export Credit Norway. Guarantees can be provided where Norwegian goods or services are delivered abroad, or where an export transaction in some other way promotes Norwegian value creation.