EKN Jan-Mar 2015: Continued SME focus
The number of new guarantees to small and medium-sized companies increased by 20 percent and the number of customers rose by 17 percent compared with the same period the previous year. EKN's total volume of guarantees increased by 16 percent, and the volume of offers doubled.
The volume of guarantees to small and medium-sized companies amounted to SEK 1 billion, which is in line with the same period the previous year but spread over considerably more transactions.
“It is positive to see EKN's focus on small and medium-sized companies showing clear results,” says Director General Karin Apelman.
EKN's total volume of offers has doubled compared with the same period in 2014. The increase is due to a small number of large guarantee offers for exports to emerging markets with a value of SEK 12 billion.
Transactions for the period |
Jan-Mar 2015 |
Jan-Mar 2014 |
Offers, number |
445 |
428 |
Volume of offers, SEK million |
20,673 |
9,782 |
Guaranteed transactions, number |
432 |
411 |
Volume of guarantees, SEK million |
8,531 |
7,364 |
Claims paid |
-109 |
-233 |
Profit for the period, SEK million |
500 |
486 |
Outstanding exposure and accumulated earnings, SEK million |
31/03/2015 |
31/12/2014 |
Outstanding offers |
131,410 |
110,635 |
Outstanding guarantees |
181,752 |
178,337 |
Provision for exposure risk |
5,793 |
5,685 |
Equity |
23,288 |
23,737 |