Oesterreichische Kontrollbank Aktiengesellschaft (OeKB)

As agent of the Republic of Austria Oesterreichische Kontrollbank Aktiengesellschaft (OeKB) provides coverage by issuing export credit and investment guarantees. At the same time, OeKB offers favorable financing facilities. OeKB's insurance/financing programs can be combined with each other and with those of other Austrian or international institutions, e.g. MIGA.

OeKB's Investment Guarantee G 4 provides political risk insurance related to the establishment of a new venture or the acquisition of/or investment in a company abroad. These can be minority stakes or investments which are 100 per cent owned by the investing company as well as shareholder loans. The contribution can be made in cash, in kind or a combination thereof.

Political risk insurance covers risks such as:

  • Total or partial deprivation of equities or shareholder loans due to nationalization, expropriation, confiscation;
  • total or partial destruction for political reasons of the project's tangible assets to an extent that prevents the business to be operated without loss;
  • restrictions on the free disposal or transfer of dividends, proceeds or repayment of capital and payment of interest on shareholder loans, or proceeds of any disinvestment.

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    Where We Work

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    A-1010 Vienna, Strauchgasse 1–3
    Austria

    Tel. 43-1-531 27-0
    Fax. 43-1-531 27-5818

    http://www.oekb.at


    CONTACTS

    Jutta Leitner


    HISTORY

    OeKB is a joint stock company providing export-related services and carrying out capital market activities.

    In the field of investment and export credit insurance, when covering non-marketable risks, OeKB operates on the government's account. The financing facilities offered to/via financial institutions are operated on OeKB's own account.

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