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.
EKN was awarded “ECA Of The Year” by GTR and the EKN-backed 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
To deliver more sustainable global trade, eight leading ECAs unveiled a new net-zero alliance in Dubai. “Public finance has been the missing piece in the net-zero financial landscape,” commented a UN source.
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The OECD Country Risk Assessment Methodology ultimately determines the minimum premium rate that state-backed export credit insurers can charge. Now, it has been revised to reflect a stronger focus on governance and institutional factors, and the consequences of climate change.
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Carl Mellander, CFO at the world’s biggest 5G technology provider Ericsson says export financing is a crucial counter-cyclical tool.
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In the largest private deal ever supported by EKN, Ericsson delivers equipment worth over USD 2 billion for the rollout of 5G technology across India.
Record deal behind record-time 5G rollout in India
Hailed as a “complete game changer for the export finance sector”, the OECD reform of the Arrangement on officially supported export credits improves flexibility, particularly in the financing of climate-related projects.
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The battle against climate change is won or lost in Asia and the Pacific. New and innovative blended financing schemes involving multiple institutions and greentech from leading suppliers hold the key.
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Despite its sites being attacked by Russian forces, truck maker Scania decided to remain present in Ukraine. “Logistics is crucial to a country at war,” says Håkan Jyde, Managing Director Scania Ukraine.
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The war in Ukraine has triggered a reassessment of defence spending in financial and political circles. How can export finance contribute?
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Some countries in Sub-Saharan Africa may face debt restructuring as public finances suffer from a stronger dollar and higher import bills. EKN monitors the development closely and foresees a heightened interest in securing risk cover on private risk in an uncertain environment.
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