To assist New Zealand companies to increase exports by providing structured finance and insurance solutions that complement those in the private sector.
The aim of New Zealand Export Credit (NZEC) is to facilitate and encourage export trade by providing export credit insurance products to exporters, particularly for those countries, sectors and contracts which the private sector may not have the capacity or willingness to cover. In this way, we can act as a catalyst to help New Zealand exporters enter new markets and to offer larger export transactions.
Our export credit guarantees assist exporters to secure international business by enabling them to offer competitive finance terms to international buyers. Our products and services are designed to reduce the risks of non-payment, and to encourage New Zealand banks to finance the export transaction and credit.
Our team us also focused on growing awareness about the benefits of structured trade finance with exporters and financiers.
A further objective is to operate in accordance with commercial principles and to manage its risks in a manner to be self-sustaining in the longer-term.