ODL, created in 1961, is a public institution regulated by the law of December 4, 2019, that offers mainly two different tools to help Luxembourg exporters in their international activities:
- financial support for international promotion;
- insurance solutions for export and investment risks.
The insurance products of ODL principally apply to trade markets outside the OECD area. The credits insured by ODL are generally backed by the Luxembourg State. Only the risks linked to short-term credits for debtors in OECD countries are covered without any State guarantee. If the intensity and duration of the risks exceed its insurance capacities, ODL may intervene for the account of the State. ODL offers tailor-made solutions to SMEs and multinationals.
ODL shares its know-how in international trade by providing professional advises regarding your company’s international growth potential and its high-performance networks, its knowledge of local market specificities as well as its official partners. Our mission is to reduce the risk inherent in your exports and increase your international activities.