Export Credit Guarantee Corporation of India Ltd. (ECGC) and Andhra Bank signed a Corporate Agency Agreement for marketing of ECGC’s export credit insurance products thorough the network of the bank’s branches.
The agreement was signed by Mrs. Geetha Muralidhar, general manager of ECGC and Mr. A. L. Nageswara Rao, general manager of Andhra Bank. The agreement was signed in the presence of Shri S. Prabhakaran, ED, ECGC and Mr. T. S. Narayanasami, CMD and Shri R. Balakrishnan, ED, Andhra Bank at Mumbai.
Mr. Prabhakaran, ED, ECGC informed that ECGC has introduced many new products recently for the exporters namely, consignment exports (stock holding agent) policy, global entity policy, buyer exposure policy, multiple buyer exposure policy, software projects policy and IT enabled Service Policy for single buyer and multiple buyer during this current year.