Highlights of the year
Print-friendly page- During the year EKN issued offers for exports to 102 countries and guarantees for exports to 95 countries.
- Guarantees issued during the year increased in both volume and number. The increase in volume is due to a very large transaction in Pakistan. The increase in number is due partly to many new customers, and also to considerable demand for a specific country, namely Iran.
- The volume of guarantees increased to SEK 39.6 billion in 2006, compared to SEK 27.2 billion for the previous year. The number of guarantees increased to 2,101 from 1,808.
- Indemnifications were down to a record low of SEK 27 million.
- The trend towards pre payment by debtor countries continued. Recovered amounts were not quite as high as the record SEK 3 billion in the previous year, but were nevertheless high at SEK 1.7 billion.
- EKN has launched a vigorous initiative to reach out to small and medium sized enterprises, SMEs, with appropriate products. During the year, EKN issued offers in support of exports to a total of 192 exporting companies. Of these, 74 were new to EKN. This represents more than a doubling of new companies. The overwhelming proportion of these new companies are SMEs.
- The working capital guarantee was launched. This is a guarantee that makes it easier for Swedish companies to arrange through their banks the financing needed to handle export transactions.
- The collaboration with Almi has expanded. Eight Almi regions are now selling EKN’s counter guarantee.
- The premium system has been enhanced in several respects, and the level of premiums is generally lower.
- During the year, EKN sent out a survey to everyone who had received guarantees or indemnifications. This is one way of getting immediate and continuous information about how satisfied customers are. The survey will continue to be used in 2007.