Ekspansja zagraniczna Finansowanie i doradztwo

Interest Rate Stabilisation Mechanism for Export Credits (SOKE)

For Who
MŚP; Duże firmy
Type of service and support
System wzajemnych płatności pomiędzy BGK a instytucjami kredytowymi, aby rozliczyć różnice pomiędzy kosztami finansowania kredytów eksportowych a stałymi stopami CIRR
Application duration Indefinitely
Support amount
Nie więcej niż 85 proc. wartości umowy eksportowej
Own contribution
Nie mniej niż 15 proc.
Territorial scope
Polska i rynki zagraniczne

The Interest Rate Stabilisation Mechanism for Export Credits ensures a fixed interest rate for the borrower, which remains applicable throughout the entire amortisation period of the credit facility. This framework establishes a system of reciprocal settlements between Bank Gospodarstwa Krajowego (BGK) and lending institutions, designed to reconcile the differentials between the underlying funding costs of export credits and the Commercial Interest Reference Rates (CIRR).

The SOKE mechanism operates via the mutual settlement of interest rate differentials – comprising either subsidies or surplus yields – between BGK and the credit-granting bank that has executed a SOKE agreement.

State-backed support provided through this mechanism empowers Polish exporters to compete effectively within international markets. Programme participants are granted access to financing terms analogous to those available to enterprises operating within other member states of the Organisation for Economic Co-operation and Development (OECD) that are signatories to the OECD Arrangement on Officially Supported Export Credits.

Application Path

  1. The lending bank, the exporter or the foreign buyer submits a formal notification to BGK regarding a transaction that satisfies the requisite eligibility criteria.
  1. The financial institution intending to finance the export operations from Poland transmits a formal application to BGK for a commitment to execute a SOKE agreement.
  1. The formal application for the execution of the SOKE agreement must be submitted to BGK within the validity period specified in the initial commitment.