The new guarantee scheme has an upper exposure limit of 50 billion NOK (4,7 billion USD).
- This liquidity scheme is important to help save businesses and jobs. GIEK is ready to administer it, utilising our current guarantee and financial expertise to help Norwegian businesses in new ways, says Mr. Ivar Rekve, Head of Departement at GIEK.
GIEK already handles five other guarantee schemes with a total exposure limit of 183 billion kroner (17 billion USD), mainly directed at Norwegian export industries and maritime industry.
- The new SME scheme is relevant for all Norwegian businesses and is not linked to exports, Mr. Rekve points out.
The new scheme was greenlighted by the European Surveillance Authority (ESA) on 25. March.
Contact the bank – not GIEK
Businesses in need of new loans due to the corona virus outbreak are asked to contact their banks directly. GIEK is not involved in applications for individual loans. GIEK will work vis-a-vis banks, administer the scheme on behalf of the Government and follow up future claims.
Information for banks
At GIEK, contact Mr. Ivar Rekve.
Allon Groth, kommunikasjonssjef, tlf. 93251124