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EKN's Interim Report January - August 2019. Guarantees for the period amounted to SEK 41.1 billion, which was down slightly on last year's very high level. Guarantees to small and medium-sized companies have continued to increase.
Guarantees and offers remain at high levels
regarding ”non-performing exposures”.
New supplementary condition to the Buyer credit guarantee
The Government has appointed EKN's Board of Directors for the period July 1, 2019 - June 30, 2020. Jan Wäreby is new to the Board. Ingrid Dovlin and Fredrika Gullfot leave their assignments.
EKN welcomes new board member Jan Wäreby
Business activity was high in the first four months of 2019 with EKN issuing more new guarantees and more offers year-on-year. In terms of volumes, guarantees increased 19 per cent and offers 21 per cent. Moreover, the number of small and medium-sized enterprises (SMEs) using EKN continued to grow.
Increase in guaranteed transactions
Guarantees amounted to SEK 56.8 billion and encompassed 2,082 export transactions to 129 countries. The number of SMEs using EKN is rising.
Numerous transactions and high guarantee volumes