Norwegian Guarantee Institute for Export Credits

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The Norwegian Export Credit Guarantee Agency(Norwegian: Garantiinstituttet for eksportkreditt, GIEK) is a Norwegian government agency.

It was established in 1929 with the purpose of granting guarantees for Norwegian export companies. It was a state aid to exporters who ran possible commercial risks or political risks. Organizationally, it is subordinate to the Norwegian Ministry of Trade and Industry, and the director is Wenche Nistad.[1] The board of directors elected in 2015 consists of Karin Bing Orgland (chair), Torfinn Kildal (deputy chair), John G. Bernander, Maria Borch Helsengreen, Marit E. Kirkhusmo, Arve Bakke and Nina Udnes Tronstad.[2] The headquarters are at Aker Brygge, Oslo.

References

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