EKN Jan-Mar 2015: Continued SME focus

Press release - 26 MAY 2015

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