Danish Export Credit Agency expands to New York City, Singapore

The Danish Export Credit Agency is opening its first new offices abroad as a part of efforts to lure green export orders to its home market, the agency informs.

Singapore is one of EKF's key destinations. | Photo: ROSLAN RAHMAN/AFP / AFP

BY SIMON LUND CHRISTIANSEN, FINANSWATCH

The Danish Export Credit Agency, EKF, is now expanding its foreign presence by opening new offices in New York City and Singapore, reports domestic business media Finans.

The two office launches are announced on the back of EKF now having provided credit facilities exceeding DKK 100bn (EUR 13.4bn) to offshore wind farms since 1998.

Helping companies at home gain export contracts is the main idea behind opening the new offices.

"Our purpose is to help Danish companies with their export and internationalization, and we are confident of our ability to provide Danish business with greater advantage by being closer to those making decisions on large projects around the world," says EKF Chief Commerical Officer Thomas Hovard.

English Edit: Daniel Frank Christensen

(This article was provided by our Danish sister media, FinansWatch)

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Danish Export Credit Agency expands to New York City, Singapore

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Danish Export Credit Agency's wind proportion halved in new record year

Danish Export Credit Agency takes fire for not excluding heavy fuel oil

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Sign up for our newsletter

Front page now

Mads Nipper: Falling interest rates can lower Ørsted's major loss

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Mads Nipper: Falling interest rates can lower Ørsted's major loss

CIP may drop ammonia production as part of Danish gigawatt project

CIP projects awarded majority of funds in historic EU auction

Vestas continues to struggle with high costs for defective wind turbines

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