ActiveThis profile is actively maintained
Created on: 2017-02-10 11:52:14
Last update: 2021-10-07 00:00:00
Send feedback on this profile
Download as PDF
Share this page:
About Export Finance Norway
Export Finance Norway (Eksfin) is a governmental financial enterprise established on 1 July 2021 through the merger of the Norwegian Export Credit Guarantee Agency (GIEK) and Export Credit Norway. Eksfin reports to the Ministry of Trade, Industry and Fisheries (MTIF). It promotes Norwegian exports by issuing guarantees on behalf of the state. The agency has been in operation since July 2012 and mainly finances oil & gas – and maritime industries. Export Finance Norway became an Equator Principles signatory in 2014. BankTrack profiled this financial institution as part of our Tracking the Equator Principles campaign.
Tone Lund Bakker |
GIEK Annual report 2020|
Export Credit Norway Annual report 2020
Export Finance Norway is a governmental organisation and as such wholly owned by the Norwegian government.
|Complaints and grievances||
Export Finance Norway does not operate a complaints or grievance mechanism for individuals or communities who might have been affected by its finance.
Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).
Tracking the Equator Principles
EPFIs reporting status
EP reporting page: https://equator-principles.com/reporting-export-credit-norway-2020/
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
Environmental and social due diligence
Statement from Participants to the Arrangement on Officially Supported Export Credits
Voluntary standardsExport Finance Norway has committed itself to the following voluntary standards:
- Equator Principles
- IFC Performance Standard 1: Assessment and Management of Environmental and Social Risks and Impacts
- OECD Guidelines for Multinational Enterprises
- OECD Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence (OECD Common Approaches)
- Poseidon Principles
- UN Guiding Principles on Business and Human Rights
- United Nations Global Compact
Export Finance Norway's webpage on corporate social responsibility can be accessed here.