ODL is a public institution established in 1961 has a legal role and its mission is to promote international economic and financial relations of Luxembourg exporting companies and to support them (1) in their efforts to explore prospective customers and new markets, in particular through the channel of the Committee for the Promotion of Luxembourg Exporters (COPEL), (2) by insuring their contracts against the risk of cancellation or non-payment, (3)by insuring the banks that grant them credit lines or guarantees to finance their cash flow against the risk of non-payment.