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Government to set up export insurance guarantee fund

The government of India is to set up an Export Insurance Guarantee Fund of Rs 20bn (US$444.3m) to provide risk cover for Indian exports. The state-owned Export Credit Guarantee Corporation of India (ECGC), would be the implementing authority for it,...

EDC agreements spur new export sales to Chile

Export Development Canada (EDC) today announced the conclusion of three financial agreements during 2004 that will facilitate C$ 165.1 million…

#exporters#insurance#trade


Huawei gets export credit for Brazil project

Telemar Norte Leste SA, Societe Generale, the China Export & Credit Insurance Corporation (Sinosure) and Huawei Technologies Co., Ltd. have…


KUKE improves results, as more firms are eager to...

KUKE, the Polish export credit insurance agency, has collected contributions worth nearly ZL64m over the first three quarters of the…


Poor payment morale troubles state export guarantor

German state export credit guarantees, the so-called “Hermes coverage” with which the German government protects German exporters from payment defaults…


Prime Minister orders Export-Import Bank of Thailand to study...

More than 10bn baht (US$242m) in government loans could be at risk following the purge of Prime Minister Khin Nyunt…


New export finance programme unveiled

A new trade finance initiative has been created to provide California-based small- and medium-sized companies (SMEs), their buyers, suppliers, and…

#bank#exporters#guarantees


China boosts export credit insurance for agricultural products

According to statistics, insurance premiums on the export of agricultural products increased by more than 70 per cent in the…


Export insurance and credit

The Pakistan Insurance Corp (PIC) administers an export-credit-guarantee scheme that deals with all exports not covered by letters of credit.…

#bank#exporters#guarantees


Bladex to focus on export finance

Panama-based trade finance bank Banco Latinoamericano de Exportaciones (Bladex) (NYSE: BLX) will continue to reduce its credit exposure this year…

#bank#exports#international


BNP Paribas and Sinosure link up for export credit...

Huawei Technology Co., Ltd., a large communication equipment supplier in China, announced in Beijing that it had obtained US$28 million…


Government extends export risk coverage to help Swiss exporters

The government has approved measures to compensate Swiss exporters who get their fingers burned abroad. Under these plans, exporters would…

PhilExim and Coface plan joint insurance protection initiative. Bigger...

The Philippine Export-Import Credit Agency (PhilEXIM) plans to enhance the insurance protection given to local exporters against risks of nonpayment…

#bank#export credit insurance#exporters

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