Welcome to EKN Magazine. We provide inspiration and offer tips for companies and banks that work with exports or have just begun that journey out in the world.
Lena Bertilsson on export finance and Swedish exporters enabling the energy transition. “Funding on a scale not seen in a long time”.
Empowering export finance for the energy transition
EKN was awarded “ECA Of The Year” and the deal behind the massive 5G rollout in India was recognized as one of the ten “Best Deals of 2024”.
EKN scores a double at GTR Awards
Carl Mellander, CFO at the world’s biggest 5G technology provider Ericsson says export financing is a crucial counter-cyclical tool.
The secrets behind 5G leadership
The energy transition has triggered a boom in demand for power cables that can transport the green energy harvested by solar and wind farms over long distances. The drive to renew and connect national grids further fuel demand at cable maker NKT, with major export production in Sweden and guarantees from EKN.
Swedish cables connect a greener future
To stimulate green investments at home and abroad, EKN and Riksgälden offer new and attractive guarantees with higher risk cover, while SEK offers financing and funding.
New guarantees to boost green lending
The new Green Export Credit Guarantee from EKN offers up to 100 percent risk cover for exports to projects that comply with the EU taxonomy.
Up to 100% risk cover with new green guarantee
The war in Ukraine has triggered a reassessment of defence spending in financial and political circles. How can export finance contribute?
In defence of defence
A new guarantee from EKN secures the supply of strategic raw materials to Swedish importers by covering the risk of new investments for raw material producers and their creditors.
Sweden secures supply of strategic raw materials
BNP Paribas was among those selected to arrange SoftBank Corp.’s syndicated loan signed in 2020/21 for 5G capex in Japan on the back of EKN support. “This transaction proves that ECA-backed financing is also highly attractive to blue-chip companies in advanced economies.”
Local currency cover from EKN secures major telecom deal in Japan
Shooting through North-western Turkey like a silver bullet, a new high-speed electric train will connect important hubs with far less environmental impact than road traffic. Scandinavian export financing made the Green Loan possible.
Connecting Turkish hubs – new high-speed railway line
Mining one of the world’s largest copper discoveries in an environment like the Democratic Republic of the Congo, requires a thorough environmental and social due diligence and a comprehensive project sustainability agenda.
“Working with EKN was the big unlock”
The 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.
ECA’s get the green light to cover more local costs
The mandatory ballast water treatment systems required under new maritime regulation is a major investment to smaller and midsize shipping companies. Supplier credit guarantees from EKN help spread the cost and boost exports of Alfa Laval’s market-leading solutions.
No more free cruises for invasive species
At a time when exports are predicted to fall off a cliff, even large corporates may need financial reassurance when planning for an unpredictable future. When EKN introduced a battery of new support measures, the response was overwhelming: “The phones wouldn’t stop ringing,” says Marie Aglert, Head of Large Corporates at EKN.
New measures to bolster exports
The Covid-19 crisis has placed Swedish medtech company Getinge in an unusual spot. While demand for its life-sustaining ventilators have increased at a record pace, the global production chains are stalling. Here’s how Getinge managed to step up its global production, secure increased financing – and reopen a shutdown plant in Malaysia.
In the eye of the storm