The Export Finance and Insurance Corporation (EFIC) finalised the sale of its short-term export credit insurance business to GERLING NCM Tuesday (30 September).
EFIC will continue to provide medium- to long-term Export Finance under its ongoing mandate from the government to support Australian exporters of capital goods and services and Australian companies investing overseas.
EFIC's Export Finance business supported $2 billion of Australian companies' export contracts and overseas projects and investments last year.
