Eksport Finans

What Eksport Finans does

Eksportfinans AS was a Norwegian private limited company headquartered in Oslo (Dronning Eufemias gate 30) that originated and serviced long-term financing for the Norwegian export industry. The company was established in 1962 and, from 1978 to 2011, acted as the administrator of the Norwegian scheme for subsidized export financing. Following a 2011 decision to split the firm, Eksportfinans transitioned into a run-off entity that managed a legacy portfolio of ongoing export credits and an international securities portfolio, funded through long-term bond issuance in international capital markets.

The underlying business was straightforward balance-sheet finance: extend long-dated credit to Norwegian exporters and foreign buyers of Norwegian capital goods, then fund those loans via senior unsecured bonds placed with international institutional investors. The company's core technology and intellectual property centered on credit underwriting, portfolio management, and capital-markets execution in the export credit niche rather than on proprietary software or data products.

Commercially, Eksportfinans operated as a wholesale financial institution rather than a retail distributor; its primary revenue stream was net interest income from the export credit portfolio, supplemented by income from the international securities portfolio. Following the June 2025 acquisition by DNB Bank ASA, Eksportfinans halted new loan origination and shifted fully into run-off, with S&P withdrawing its international rating in December 2025. On 29 January 2026, Eksportfinans AS was merged into DNB Finans AS, transferring all business, assets, rights and obligations to the combined entity.

Name

Eksport Finans

Legal name

Eksportfinans ASA

Website

https://eksportfinans.no

Company type

Private

Founded year

1962

Operating status

Acquired

Headcount range

11–50 employees

Short description

Eksportfinans AS was a Norwegian export financing company founded in 1962 that historically provided long-term financing to the Norwegian export industry and managed a portfolio of international securities. Following acquisition by DNB Bank ASA in June 2025, it was merged into DNB Finans AS in January 2026.

Ownership category

akta.pro rank

Product category

Export Finance

NAICS

Miscellaneous Financial Investment Activities (523999), Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399)

SIC

Functions Related To Depository Banking, Nec (6099), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Export Credit Agencies (ECAs) & Trade Finance Institutions (BPADACAF)

akta.pro secondary industries

Structured Trade & Export Credit (ECA-backed, Structured Solutions) (FSABAHAJ), Export Credit Agencies (ECAs) & Official Export Finance (FSABAKAC), Trade Finance, Export Credit & Risk Mitigation (BPADAMAG)

Keywords

• Export credit financing
• International securities portfolio
• Long-term export lending
• Bond issuance funding
• Norwegian export finance

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others

Revenue model

1. Export Credit Financing: Long-term financing to Norwegian export industry and foreign buyers of Norwegian capital goods. The company manages ongoing export credits and international securities portfolio. No longer providing new loans following acquisition by DNB Bank ASA in June 2025.

Distribution channels1 record

Marketing channels1 record

Core offering

Eksportfinans' core activity is export financing and international securities portfolio management, funded through long-term bond issuances in international capital markets. The company historically provided long-term financing to the Norwegian export industry and managed a portfolio of export credits and international securities. Following its acquisition by DNB Bank ASA in June 2025, Eksportfinans is no longer providing new loans.

Product overview

Eksportfinans AS was a Norwegian export financing company that provided long-term financing to Norwegian export industry. The company managed a portfolio of export credits and international securities, financed through long-term bond issuances in international capital markets. Following acquisition by DNB Bank ASA in June 2025, the company merged with DNB Finans AS in January 2026, transferring all business, assets, rights, and obligations to the new entity. The legacy services included lending/exports, funding operations, and portfolio management.

Differentiator

Problem solved

Functional benefit

Products and services

• Long-term Export Credit Financing

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights2 records

Direct peers

• COFACE SA: French national ECA providing export credit insurance and financing solutions. Direct peer in the European ECA landscape, with comparable mandate of supporting national exporters.
• Euler Hermes / Allianz Trade: German export credit agency and global trade credit insurer. Comparable as a European ECA offering structured trade and export credit solutions, including ECA-backed structured finance.
• UK Export Finance (UKEF): United Kingdom's official ECA. Comparable national export credit institution providing guarantees and loans to UK exporters, with similar mandate structure to Eksportfinans's pre-2011 activities.
• Export Development Canada (EDC): Canadian Crown corporation providing export financing, guarantees and insurance. Comparable government-backed export credit institution with similar mandate of supporting domestic exporters.
• JBIC (Japan Bank for International Cooperation): Japanese policy-based financial institution providing export financing and overseas investment support. Comparable as a state-backed institution offering long-term export credits and structured trade finance.
• Eksfin (Export Finance Norway): Norway's official Export Credit Agency succeeding the subsidized scheme that Eksportfinans previously managed (1978-2011). Closest peer given shared Norwegian export financing mandate and overlap with Eksportfinans's historical role.
• EKN (Swedish Export Credit Agency): Swedish national ECA providing export credits and guarantees to Swedish exporters. Directly comparable as a Nordic ECA peer offering long-term export financing solutions to a national export base.
• SACE (now SACE BT, part of Gruppo CDP): Italian national ECA offering export credit insurance and trade finance. Comparable European ECA peer supporting Italian exporters through long-term financing and credit insurance products.
• Export-Import Bank of the United States (US Ex-Im Bank): U.S. official ECA. Direct peer in the global ECA landscape, providing export credit financing, loan guarantees and insurance for U.S. exporters and foreign buyers of U.S. capital goods.

Broad incumbents

• DNB Bank ASA: Norway's largest financial services group and Eksportfinans's parent company since June 2025. Broad incumbent serving as the strategic acquirer and absorbing the export credit portfolio into DNB Finans AS.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/eksportfinans

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eksport Finans