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About: Norwegian Guarantee Institute for Export Credits     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatExportCreditAgencies, within Data Space : dbpedia.org:8891 associated with source document(s)

Type: Thingyago:WikicatOrganisationsBasedInOsloyago:Abstraction100002137yago:AdministrativeUnit108077292yago:Agency108337324yago:Group100031264yago:Organization108008335yago:WikicatGovernmentAgenciesOfNorwayyago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityorganisationyago:SocialGroup107950920yago:Unit108189659yago:WikicatExportCreditAgencies New Facet based on Instances of this Class

The Norwegian Export Credit Guarantee Agency(Norwegian: Garantiinstituttet for eksportkreditt, GIEK) is a public-sector enterprise that reports to the Ministry of Trade, Industry and Fisheries (MTIF). GIEK promotes Norwegian exports by issuing guarantees on behalf of the state. The guarantees help buyers abroad with financing, lower the risk of loss by Norwegian exporters and international buyers, and level the competitive playing field for Norwegian companies abroad. Norwegian state guarantees represent a high degree of security for exporters and banks alike.