- Newsroom
Increased statutory limit
The Swedish Government proposes to raise EKN’s guarantee limit by SEK 50 billion in response to growing demand for export credit guarantees.
Increased statutory limit
Newsroom
Here you will find all news and press releases.
- Information from EKN
Swedish Government proposes new financing instrument
The Swedish Government has proposed to introduce a new financing instrument that will combine export finance and grants.
Swedish Government proposes new financing instrument
- Information from EKN
Extended risk cover makes it easier to get paid faster
The Swedish Export Credit Agency, EKN, is introducing an extended risk cover making it easier for exporting companies to discount their invoices through a bank by reducing the bank's risk.
Extended risk cover makes it easier to get paid faster
- Newsroom
EKN adjusts its policy for Argentina
EKN has decided to reopen its country cover policy for short-term transactions with companies in Argentina.
EKN adjusts its policy for Argentina
- Information from EKN
EKN updates country risk classifications for six countries
EKN updates country risk classifications for six nations. West African Cape Verde and four Latin American/Caribbean countries are upgraded, while Israel in the Middle East is downgraded due to conflict risks.
EKN updates country risk classifications for six countries
- Information from EKN
New functions in EKN Online
As of 20 September 2024, new functions will be available for Business Accounts in EKN Online. In connection with this, the General Terms and Conditions for EKN Online are also updated.
New functions in EKN Online
- Information from EKN
Zambia – country policy change
EKN has eased requirements for Zambia, abolishing the need for own hard currency earnings and letters of credit for bank risks.
Zambia – country policy change
- Information from EKN
EKN tightens Ethiopia policy by closing long-term bank risks
EKN has closed long-term bank risks for Ethiopia due to financial challenges and a severe hard currency shortage.
EKN tightens Ethiopia policy by closing long-term bank risks
- Information from EKN
Pakistan's economic outlook shows signs of improvement
Despite remaining in country risk class 7, Pakistan is showing signs of economic stabilization with selective policy reliefs.
Pakistan's economic outlook shows signs of improvement
- Press releases
New Country Risk Classifications following OECD meeting
Georgia, Montenegro and Oman have new country risk classifications following the latest OECD meeting.
Read more
- Newsroom
SEK and EKN explain the importance of attending COP28
Today, the 28th meeting of the Conference of the Parties (COP) opens in Dubai.
SEK and EKN explain the importance of attending COP28
- Newsroom
Updated General Conditions for Counter Guarantees
Please be informed that revised and updated General Conditions for Counter Guarantees are now available on EKN’s website.
Updated General Conditions for Counter Guarantees
- Newsroom
Special export credit guarantee for Ukraine
In the 2024 budget bill, the government proposes a special guarantee framework for EKN in the National Debt Office and allocation of funds to appropriations in the state budget for guaranteeing exports to Ukrainian importers.
Special export credit guarantee for Ukraine
- Press releases
Lena Bertilsson new Director of Business Area for Large Corporates at EKN
EKN appoints Lena Bertilsson as new Director of Business Area for Large Corporates and member of EKN’s executive management. She has extensive experience from export finance and senior positions within several banks, most recently at Swedbank.
Lena Bertilsson new Director of Business Area for Large Corporates at EKN
- Newsroom
Updated General Terms and Conditions for Buyer Credit Guarantees
Please be informed that revised and updated General Terms and Conditions for Buyer Credit Guarantees now are available on EKN’s website.
Updated General Terms and Conditions for Buyer Credit Guarantees
- Press releases
Sweden and US have concluded a reinsurance agreement
The Export-Import Bank of the United States (EXIM) and the Swedish export credit agency EKN have concluded a reinsurance agreement.
Sweden and US have concluded a reinsurance agreement
- Press releases
Guarantee volumes at record levels
Interim Report January-April 2023: During the period EKN issued guarantees worth SEK 48.3 billion (SEK 28.0 billion) – the highest volume ever achieved during a first tertial. EKN’s guarantee offers also reached a record level.
Guarantee volumes at record levels
- Newsroom
Updated guidelines from OECD
OECD has presented a principle proposal for the modernization of the international guidelines for export credits, where "green" transactions are rewarded.
Updated guidelines from OECD
- Press releases
Third year with high guarantee volume
EKN’s Annual Report 2022: EKN’s guarantees amounted to SEK 64.8 billion, exceeding SEK 60 billion for the third year in a row.
Third year with high guarantee volume
- Press releases
New credit guarantee to secure Sweden’s access to raw materials
To secure access to raw materials for Swedish companies, EKN is launching a credit guarantee for imports for the first time. This entails an expansion of EKN’s mission.
New credit guarantee to secure Sweden’s access to raw materials
- Press releases
Guarantee volume remains high in the first four months of 2022
Interim report Jan-Apr 2022: During the period, the Swedish Export Credit Agency (EKN) issued guarantees for exports to a value of SEK 28 billion. While down on last year’s record, it matched the high level recorded in 2020. Russia’s invasion of Ukraine and the outbreak of war prompted EKN to immediately halt guarantees for export deliveries to Russia, Belarus and Ukraine.
Guarantee volume remains high in the first four months of 2022
- Press releases
EKN stops guarantees to Russia, Ukraine and Belarus
Due to Russia's invasion of Ukraine, which took place from several directions, including Belarus, EKN has decided to put the country policy for these three countries under review.
EKN stops guarantees to Russia, Ukraine and Belarus
- Press releases
Guarantees at record highs in 2021
EKN's 2021 Annual Report: The guarantee volume (excluding temporary support measures) of SEK 77.1 billion was the second highest ever. Guarantees to Africa reached a record high of SEK 20.8 billion.
Guarantees at record highs in 2021
- Newsroom
We must discuss the impact of Swedish export on the climate
Debate: Money has a great potential to limit climate emissions and drive sustainable development forward. Therefore, SEK and EKN have considerable opportunities to influence investments, writes Swedish Export Credit Corporations’s CEO Magnus Montan and the Swedish Export Credit Agency's Director General Anna-Karin Jatko.
We must discuss the impact of Swedish export on the climate
- Press releases
EKN contributes to the completion of the world’s largest offshore wind farm
EKN contributes to the financing of the third and last phase of the world’s largest offshore wind farm. Last year EKN provided guarantees for the financing of the purchases of supplies from Sweden through Hitachi Energy and NKT HV Cables AB for the first two phases.
EKN contributes to the completion of the world’s largest offshore wind farm
- Newsroom
EKN participates at COP26
Anna-Karin Jatko, Director General, and Marie Aglert, Director of Business Area for Large Corporates, represent EKN at the UN climate change conference COP26 in Glasgow, Scotland.
EKN participates at COP26
- Newsroom
EKN’s Sustainability Policy has been updated
The policy clarifies EKN’s approach in export transactions to operations with high negative climate impacts. The new wording is in line with the adaptation that EKN has done in the past years.
EKN’s Sustainability Policy has been updated
- Press releases
The number of SME-customers continues to increase
Interim Report Jan-Aug 2021: During the period EKN issued guarantee offers totaling SEK 56.7 billion, up 12 percent year-on-year. The guarantee volume amounted to 49.2 billion, the majority of which was attributable to a few large transactions at the front end of the year.
The number of SME-customers continues to increase
- Newsroom
New country risk analyses
EKN has published new country risk analyses of four countries in Africa.
New country risk analyses
- Press releases
EKN launches Green Guarantee to promote climate investments
EKN is launching a new guarantee for exports that contribute to the climate transition. The Green Export Credit Guarantee, enables exporters and banks to insure up to 100 per cent of the value of a transaction to protect themselves from the risk of non-payment.
EKN launches Green Guarantee to promote climate investments
- Newsroom
New members of the EKN board
The Swedish Government has appointed Carina Lundberg Markow, Anna Lundmark Lundbergh, and Dag Juhlin-Dannefeltas as new members of the EKN board. Sven-Eric Söder has been appointed as Chairman of the board.
New members of the EKN board
- Press releases
EKN and SEK establish a scientific climate council
The Scientific Climate Council, a group of academic experts, will provide advisory support to EKN and SEK to assist aligning the Swedish export finance system with the Paris Agreement’s 1.5°C goal. The climate council is the first of its kind in the world and will focus on issues such as the role of natural gas for the energy transition in low- and middle-income countries.
EKN and SEK establish a scientific climate council
- Press releases
Renewable energy dominated the four-month period
During the period, EKN issued guarantee offers totalling SEK 26.8 billion, up 77 per cent year-on-year. The guarantee volume amounted to a record SEK 38.1 billion, the majority of which was attributable to just a few transactions. The number of SME customers reached a record-high number.
Renewable energy dominated the four-month period
- Newsroom
Concerning media coverage of EKN’s decision relating to Belarus
In conjunction with EKN’s decision to withdraw conditional offers for guarantees for exports to Belarus with the buyers RUE Minskenergo and RUE Brestenergo, inaccuracies have been reported in the media. The following information is correct:
Concerning media coverage of EKN’s decision relating to Belarus
- Press releases
EKN withdraws Belarus guarantee offers
EKN has not issued any guarantees and will not do so. Based on a fresh analysis, EKN has concluded that the two projects in Belarus lack the necessary prerequisites to meet human rights requirements in compliance with international regulations. EKN has therefore decided not to issue any export credit guarantees.
EKN withdraws Belarus guarantee offers
- Press releases
EKN recognized as Leader in Trade for Sustainability
Among the worlds' export credit agencies Swedish EKN has been recognized by GTR as Leader in Trade for Sustainability. The award is a testament to the export credit agency’s sustainability achievements throughout the course of 2020.
EKN recognized as Leader in Trade for Sustainability
- Press releases
New OECD rules allow EKN to cover more local costs
OECD raises the limit on how much local content in a project that may be covered by export credit agencies. The change reflects the reality of today’s complex global value chains and the multinational sourcing in large infrastructure projects, in particular.
New OECD rules allow EKN to cover more local costs
- Newsroom
Information regarding two export transactions to Belarus
EKN is currently evaluating and analyzing the situation in two projects in Belarus. EKN has outstanding binding guarantee offers regarding the payment risk in export transactions for these projects - two gas power plants.
Information regarding two export transactions to Belarus
- Press releases
New Head of Unit for Infrastructure and Telecom
EKN has appointed Nicole Pluntke as new Head of Unit for Infrastructure and Telecom within the Large Corporates business area. Swedish companies are at the forefront of these industries.
New Head of Unit for Infrastructure and Telecom
- Press releases
Record-high guarantee volume for EKN in 2020
EKN's 2020 Annual Report: A record-high guarantee volume of SEK 119.1 billion encompassed historic levels for approved regular guarantees granted as well as extensive crisis measures.
Record-high guarantee volume for EKN in 2020
- Press releases
The power from the North Sea’s winds to be transmitted to UK homes by Swedish technology
The power from the North Sea’s winds to be transmitted to UK homes by Swedish technology
- Press releases
New Head of Unit for Medtech, Industry and Commodities
EKN has appointed Kristian Orrbeck as a new Head of Unit for Medtech, Industries and Commodities within the Large Corporates Business Area. The customer team currently handles a large number of transactions, which is expected to increase during 2021.
New Head of Unit for Medtech, Industry and Commodities
- Press releases
Extensive crisis measures and expanded regular operations
EKN’s Interim Report Jan–Aug 2020: EKN’s regular guarantee operations increased 27 per cent to SEK 52.1 billion year-on-year. Temporary crisis measures with working capital credit guarantees for large corporates amounted to SEK 52.1 billion.
Extensive crisis measures and expanded regular operations
- Press releases
EKN submits report to the Swedish Government
An export finance system that contributes to climate transition.
EKN submits report to the Swedish Government
- Press releases
New board member
The government has decided to appoint Stefan Sjöquist as new board member of EKN for the coming year (July 1, 2020 – June 30, 2021).
New board member
- Press releases
Booming demand for EKN’s crisis measures
EKN issued guarantee offers totalling more than SEK 120.7 billion in the first four months of 2020. The more than six-fold increase is due to booming demand for working capital credit guarantees. “They’ve given companies essential assistance for financing working capital during the crisis,” says Anna-Karin Jatko, Director-General of EKN.
Booming demand for EKN’s crisis measures
- Press releases
Record interest for EKN’s guarantees
covering Working Capital Credit Financing for large companies.
Record interest for EKN’s guarantees
- Press releases
EKN can now insure export transactions within the EU
A new EU decision now enables EKN to insure short-term risk for export transactions within the EU and to high-income countries, which was previously not permitted.
EKN can now insure export transactions within the EU
- Newsroom
Debt service suspension for poorest countries
On March 24, the World Bank Group and the IMF called upon Official Bilateral Creditors to suspend debt payments for the poorest countries of the world.
Debt service suspension for poorest countries
- Press releases
New and extended guarantees from EKN
To support exporting companies.
New and extended guarantees from EKN
- Press releases
The Government proposes an increase in EKN’s guarantee limit
The need for EKN is higher in difficult times and the Swedish Government proposes in a bill to the Parliament to increase EKN’s statutory limit. EKN is preparing adjustments and extensions to accommodate the anticipated growth in demand.
The Government proposes an increase in EKN’s guarantee limit