News and announcements

New Zealand Export Credit is extending its suite of export support products by introducing Political Risk Insurance (PRI) to protect businesses from potential losses due to political instability in foreign markets.

In October 2021 at COP26, New Zealand became a signatory to the joint Statement “International Public Support for the Clean Energy Transition”.

In light of the passing of Her Majesty Queen Elizabeth II, New Zealand Export Credit (NZEC) wishes to note that:

New Zealand Export Credit (NZEC) is proud to have achieved a milestone of supporting more than $4 billion of New Zealand exports since its establishment in 2001.

The Executive Director of Capital Markets Andrew Hagan is leaving Te Tai Ōhanga - the Treasury after 17 years for a career break, Secretary Caralee McLiesh announced today.

ANKARA/BERN/BRASILIA/BRUSSELS/CANBERRA/OSLO/OTTAWA/SEOUL/
TOKYO/WASHINGTON/WELLINGTON

In partnership with four of the primary trade credit insurers operating in New Zealand, the Treasury’s New Zealand Export Credit (NZEC) has streamlined its assessment process for its “top-up cover” coinsurance.

To apply, please complete:

For our policy holders of our short term trade credit insurance, we have summarised the obligations which may be helpful to you.  It includes being aware of what to do in the event you:

The Treasury is pleased to announce the appointment of Phillip Anderson to its Capital Markets Advisory Committee (CMAC).  Phillip is an independent consultant with over 30 years’ experience in public debt management, market development and is a fo

We are proud to have recently achieved a milestone of directly supporting $3 billion of exports since NZEC was established. 

The Treasury has today announced acting arrangements for its Financial and Commercial Directorate.

Many economic commentators are forecasting a slowdown in growth in several offshore markets in 2019 due to unsettled financing conditions and unfolding political events. 

We are very pleased to reach another milestone, by supporting $1 billion worth of New Zealand exports with our Short Term Trade Credit Insurance (STT).

During this last Quarter, we were very pleased to reach a milestone of supporting a total $1 billion of export contracts under our General Contract Bond Guarantee. 

The New Zealand Export Credit Office (NZECO) and its Danish counterpart, Eksport Kredit Fonden (EKF) have signed a reciprocal reinsurance agreement.

The Treasury’s New Zealand Export Credit Office (NZECO) was recognised for excellence in export support at the 2016 AUT Business School Excellence in Business Support Awards.

After a review of NZECO’s operations, the Government has announced decisions to renew NZECO’s mandate and to amend some operational criteria and products. 

Treasury Secretary Gabriel Makhlouf has congratulated New Zealand Export Credit Office (NZECO) manager Chris Chapman on his election as the new Chair of the Berne Union Prague Club.

The New Zealand Treasury's Export Credit Office (NZECO) and AIG Australia Ltd have entered into an arrangement to assist New Zealand exporters secure surety bonds into American Samoa and other US Pacific territories.

As New Zealand's official export credit agency, the New Zealand Export Credit Office (NZECO) is responsible for providing trade finance and risk management solutions to New Zealand companies.  Our support is aimed at assisting exporters to take adv

Martin Kallervald, Regional Manager at the Swedish export credit agency (EKN), has just come to the end of a six-month secondment with NZECO.  EKN is one of the most experienced export credit agencies in the world, with nearly 80 years experience i

The New Zealand Export Credit Office (NZECO) and Canada's Liberty Mutual Insurance Company have entered into an arrangement to assist New Zealand exporters secure Canadian surety bonds.

Northstar has expanded its global network to offer trade finance solutions and products by partnering with the New Zealand Export Credit Office (NZECO).

We interviewed G-Tech's General Manager, Geoff Carston, on G Tech's international focus during recent challenging years.

Propane Performance Industries Ltd (PPI) is an early stage company that recently utilised a NZECO short-term trade credit insurance policy to secure bank funding. We interviewed CEO and Director, Andrew Rodwell on Propane's 10 year journey.

On 7 November 2011 the Government announced two changes that widen the scope and accessibility of the New Zealand Export Credit Office to support more New Zealand companies to trade abroad.

The changes will:

The New Zealand Export Credit Office (NZECO) and its Australian counterpart, the Export Finance and Insurance Corporation (EFIC), recently entered into a Reciprocal Reinsurance Agreement to share risk in export credit transactions.

As published in Trade News, Volume 2, Issue 2, June 2011.

How the recent Government decisions about the New Zealand Export Credit Office affect exporters, banks and trade credit insurers.

This article by Kensington Swan outlines three trade finance issues that the NZECO is assisting exporters and banks with when trading with buyers in the Middle East.

Full article: