Authorizations and exposure

• G 1 – Guarantees for direct exports of goods/services: Covers exports of goods and services, licenses and patents, and lease or lease-buy agreements
• G 2 – Guarantees for indirect exports of goods/services: Covers the Austrian share in foreign supply and service contracts
• Fees:
• Risk premium dependent on the risk classification of the importing country, coverag1e term, and creditworthiness of the foreign buyer
• Premium may be paid up-front or as a margin on the interest over the repayment period
• A handling fee of 0.1% of the insured amount (with a minimum of EUR 10 and a maximum of EUR 720)
• Pre-shipment risk cover available
• Funding is available on a single-transaction basis (in EUR or other currencies) or as revolving working capital credit lines (EUR only)
• G 5 – Framework guarantee: Covers commercial and political risk for revolving supply or service contracts or many individual contracts with a foreign buyer.
• Typical terms of up to 180 days; payment terms of up to 360 days are possible in some cases
• Available in EUR and other currencies
• In addition to risk premium, processing fee of 0.1% of the maximum amount; at least EUR 10 , max. EUR 720, testing fee of EUR 57 per year plus VAT
• G 9 - Acquisition of accounts receivable: Covers the payment of receivables arising from an export contract, acquired by assignment or by endorsement
• G 11 - Guarantee for the sale of accounts receivable: Covers risk of repayment of accounts receivable sold by exporters to financial institutions

• G 3 – Guarantees for tied financial credits: Covers financings (loans, bonds, or letter of credit confirmations) to foreign buyers of Austrian goods and services
• Fees:
• Risk premium dependent on the risk classification of the importing country, coverage term, and creditworthiness of the foreign buyer
• A handling fee of 0.1% of the insured amount (with a minimum of EUR 10 and a maximum of EUR 720)
• Credit terms:
• Non-nuclear power industry: Up to 12 years
• Railway and project finance: Up to 14 years
• Water, renewable energy, and climate protection: Up to 18 years
• Cover may be based on corporate, bank, or sovereign risk
• Project financing requires a feasibility study, and cover is determined on a case-by-case basis
• Eligibility:
• Austrian content of 50% expected; 25% in exceptional cases
• Local costs of up to 30% may be financed
• Interest during construction may be financed
• Funding available in EUR or other currencies on a floating or fixed-rate basis

• G 4 – Investment guarantees: Covers investments by Austrian companies abroad
• G 7 – Guarantees for stock in commission, machinery deployment, and advances: Covers consignment stock, deployment of machinery, cash deposits, down payment, performance, bid bonds, and warranty bonds abroad
• Available to export companies and banks
• G 8 – Reinsurance guarantees: Covers export insurance contracts by export credit insurers
• Letters of interest offered during bid stage, free of charge

• Military and nuclear exports are not eligible

• Cover may be provided in several foreign currencies

• Concessional financing is available, though limited to countries which have qualified for specific projects under certain conditions—these loans must be in the form of tied credits with non-Austrian content less than 50% of the value of the export contract

• OeKB has cooperation and co-reinsurance agreements with many other ECAs and some international financial institutions

• Adheres to OECD Consensus

• Assessment of environmental impact of projects based on OECD Common Approaches

• 2022: As part of the export promotion programme, operating financing is extended to exporters in the form of special Kontrollbank refinancing facilities. The original budget that was allocated in the amount of EUR 2 billion was increased to EUR 3 billion due to the high demand

• 2022: In order to strengthen the liquidity of companies affected by the effects of the war in Ukraine or by the increased prices for energy and input materials, working capital financing in the form of a supplementary KRR with a total volume of 1 billion will be provided as part of the export promotion process. euros provided