Category: Export Credit Agencies
The UK government’s Export Credit Agency (ECA), UKEF, has a mandate to ensure that no viable UK export fails for lack of finance or insurance. The need for an ECA to support its countries export strategy is fundamental to ensure continued SME growth and provide government-backed loans, guarantees and insurance to companies for their home […]
A West Midlands-based exporter has become the first UK business to take advantage of a new offer from UK Export Finance (UKEF)- government’s credit agency- securing the funds required to sell internationally and instigate business growth during the Covid-19 pandemic and beyond. Simworx, a tech company based in Kingswinford, recently completed the first General Export Facility (GEF), […]
The 12-point strategy includes:
The British Exporters Association (BExA) has published its 12th annual benchmarking report on UK Export Finance (UKEF) – the export credit agency (ECA) of the UK government. The report, published today, provides an analysis of UKEF’s activities and reflects upon the range and quality of support provided to UK exporters from April 2020 to March […]
The ECOWAS Bank for Investment and Development (EBID) has signed a commercial credit line agreement worth $100 million with India Exim Bank, India’s export credit agency. The agreement was signed at the London office of the India Exim Bank by Dr George Agyekum Nana Donkor, president and chairman of the board of directors of the […]
Backing helps UK businesses to support the construction of hospitals, electric railways, and offshore wind projects across the globe. UK Export Finance (UKEF) awarded over £3.6 billion to clean energy, healthcare, and critical infrastructure projects in 2021. The export credit agency has now provided over £7 billion to sustainable projects since 2019, according to Trade […]
On the 14th of September, Trade Finance Global and Tinubu‘s virtual tradecast, looking at 4 different sectors of the trade credit insurance industry and how they have been impacted by the COVID-19 pandemic, geopolitical issues, and inflation, was live streamed. The tradecast touched on: A trade credit insurance industry outlook How public and private credit insurance supports […]
Estimated reading time: 2 minutes UK Export Finance (UKEF) today announces it has appointed its first International Export Finance Executive (IEFE) for South Korea. With £4 billion of funding on offer to buyers, provided they source 20% from the UK, the IEFE will work to facilitate major financing deals for Korean businesses who seek to […]
The British Exporters Association (BExA) today launched its UK Export Finance (UKEF) Benchmarking Report, scoring the export credit agency (ECA) 9 out of 10. The report, now in its 13th year, provides an analysis of UKEF’s activities and reflects upon the range and quality of its support to UK exporters over the previous year. Where […]
