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Get to know GIEK - The Norwegian Export Credit Guarantee Agency

Originally established as GIEK in 1929, the agency served as Norway's primary provider of guarantees for exports to developing and politically unstable countries. On July 1, 2021, GIEK merged with Export Credit Norway to create a single, more comprehensive state financial enterprise named Eksfin (Export Finance Norway). Eksfin's mission is to be a key financial partner for Norwegian businesses, aiming to increase Norwegian exports, support the green transition, and promote Norwegian value creation by providing state-backed loans, guarantees, and advisory services to exporters and their customers worldwide. It operates as a state-owned enterprise under the Norwegian Ministry of Trade, Industry and Fisheries.

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GIEK - The Norwegian Export Credit Guarantee Agency

Norway

Founded in

1920 (106 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.