GIEK’s calculator

Calculate a cost estimate for buyer credit and supplier credit guarantees.

GIEK’s premium is competitive, but is not intended to undercut the market. It must also be sufficient to cover our costs, including loss risk, as a single premium. As a rule, the entire premium is payable when the guarantee is issued, but annual premiums are also possible, most commonly when bank participation exceeds 20 per cent .

Risk calculator

The premium is determined on the basis of repayment period, and is also influenced by such factors as:


  • Buyer’s creditworthiness: GIEK assesses customer creditworthiness, i.e. the probability of payment by the customer.

  • Political conditions in the buyer’s country: GIEK assesses the risk of political unrest arising in a foreign buyer’s country.

In certain cases GIEK also charges an upfront fee and a commitment fee.

The premium calculator’s indication is most accurate for countries with somewhat elevated risk (applies to buyer credit and supplier credit guarantees).