BANKS AS GUARANTORS
Approximately 50 per cent of Eksportfinans' lending portfolio is guaranteed by banks. A proportion of these are loans to exporters that have been arranged with banks, but later transported to Eksportfinans. The bank acts as guarantor for the debt. The purpose of these services is to extend the benefit of Eksportfinans' AAA rating and lower cost of funding to the bank.
BANKS AS ARRANGER AND AGENTS
Eksportfinans participates in selected syndicated loans to financial institutions that are active in the provision of financing to Norwegian exporters. In relation to traditional export credits, Eksportfinans sometimes leaves the function of arranger and/or agent to the bank.
BANKS AS BORROWERS
In many cases Eksportfinans offer loans to exporters using banks as an intermediary. This service contributes to the bank's financing of export customers, including local tourism businesses. In such case, the banks are Eksportfinans' point of risk. Bilateral agreements are made directly between the banks and Eksportfinans at competitive rates.
BANKS AS GUARANTEE RECEIVERS
Eksportfinans has on occation "upgraded" Norwegian banks. Typically when a Norwegain exporter needs a bank guarantee of AA+/AAA rating, which Eksportfinans can offer.