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GIEK – facilitating growth

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GIEK offers guarantees in connection with Norwegian export and investments abroad. We can cover the export of most types of products and services to over 150 countries. Our guarantees are issued on behalf of the Norwegian state.

GIEK in a nutshell
Safe export: On behalf of the Norwegian Government, GIEK can cover the risk of losses due to breach of contract or the buyer failing to pay. Take a look at how a GIEK guarantee works.    
Need credit insurance?
GIEK's wholly owned subsidiary, GIEK Credit Insurance Ltd, covers risk for Norwegian export companies regarding loans of up to two years' terms. By insuring themselves against losses, customers will be better equipped to face the competition on the international markets.

Go to GIEK Kredittforsikring AS.

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GIEK year 2011 and Q1 2012: Guarantees reached NOK 75 billion

16.05.2012
By the end of year 2011 total guarantees issued by the Norwegian Guarantee Institute for Export Credits (GIEK), reached the amount of NOK 75.3 billion, up NOK 16.4 billion from last year. The guarantees issued contributed to export worth NOK 37.5 billion in 2011. The total premium peaked at NOK 1.1 billion. During first quarter 2012, GIEK issued 42 guarantees at a total value of NOK 4 billion.
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State Secretary Lind to the Norwegian Sea Rescue

07.05.2012
In friday's session of the Council of State, the King honourably discharged Ms Rikke Lind from the office as State Secretary to Minister of Trade and Industry Trond Giske. Lind will now take the helm as Secretary General of the Norwegian Sea Rescue.
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New state-owned export credit company

27.04.2012
The name of a new state-owned export credit company is to be Eksportkreditt Norge AS (Export Credit Norway). The company will be organized as a state-owned limited liability company and is to be established by 1 July 2012. The Norwegian Government now proposes to the Storting the establishment of a new state-owned company to manage the Norwegian state-funded export credit scheme.
 

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