AB Svensk Exportkredit (SEK) | Export Credit Agency (ECA) in Sweden |
About SEK
The Swedish Export Credit Corporation (SEK) is Sweden’s Export Credit Agency (ECA). It was founded jointly by the Swedish government and major Swedish banks in 1962.
With the help of SEK’s financing, international buyers can obtain loans to purchase Swedish goods and services, in both good and bad economic times.
SEK also lend directly to Swedish exporters so they can continue to grow their businesses. SEK is tasked by the Swedish government to offer Swedish exporters long-term financial solutions and is focused solely on lending to the Swedish export sector.
SEK is an independent institution that is owned by the Swedish government and acts as a complement to banks.
In 2016 SEK lent a total of Skr 55 billion.
A summary of SEK
SEK – Benefits of using an ECA in Sweden
- Global sustainability goals through the management of sustainability risks
- Swedish environmental expertise in the world
- Export financing
Products and services offered by SEK
By offering various forms of financial solutions, SEK helps the Swedish export industry secure more export transactions:
- SEK finances exporters
- Collaboration boosts exports
- State-supported export credits system provides more opportunities
Cars and Vehicles – One of the biggest exports globally, we’re experts in trading automobiles, working with car dealerships and fleet management services
Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio
Electronics – The circuit board, software and hardware markets have benefited huge growth as a result of consumer demand, find out about our electronics offering here
Are you an exporter based in Sweden?
See our TFG Sweden Export guide here .
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About the Author
Deepesh Patel is Editorial Director at Trade Finance Global (TFG). In this role, Deepesh leads efforts in developing TFG’s brand, relationships and strategic direction in key markets, including the UK, US, Singapore, Dubai and Hong Kong.
Deepesh regularly chairs and speaks at international industry events with the WTO, BCR, Excred, TXF, The Economist and Reuters, as well as industry associations including ICC, FCI, ITFA, ICISA and BAFT.
Deepesh is the host of the ‘Trade Finance Talks’ podcast and ‘Trade Finance Talks TV’. He is co-author of ‘Blockchain for Trade: A Reality Check’ with the ICC and the WTO, alongside other industry research.
In addition to his work at TFG, Deepesh is a Strategic Advisor for WOA, and works closely with ITFA. He also sits on the Fintech Working Group of the Standardised Trust.
Prior to TFG, Deepesh worked at Travelex where he was responsible for the cards business and the Travelex Money app in Europe, NAM, UK and Brazil. Deepesh is Chair of Governors and co-opted LA Governor of the Wyvern Federation, which has responsibility for 5 primary schools in South London.