Why are you interested in interest and currency management? Every day the global market provides your company with new opportunities which you should take advantage of. At the same time the markets are becoming more dynamic.
A further elementary component of the services we offer is checking whether and to what extent we can include in particular ECA cover for the ship buyer. ECAs (Export Credit Agencies) are private or public credit insurers who act on behalf of the respective exporting country. The export credit guarantees granted by ECAs represent in this context insurance covering the non-payment of export transactions due to economic or political reasons.
An ECA-covered credit can be used where a traditional form of finance can no longer be provided due to volume or risk considerations.
NORD/LB has many years of experience and contact with the relevant export insurers in the traditional ship-building nations and provides support in acquiring, applying for and processing export cover.