Export Credit Agency finance

This overview is a guide to the Banking & Finance content within the Export Credit Agency finance subtopic, with links to the appropriate materials.

The risk of non payment by an overseas buyer is a significant risk for exporters, especially when dealing with buyers in emerging markets. Non payment could arise, for example, due to:

•
commercial risks—eg the risk of the overseas buyer becoming insolvent, or
•
political risks—ie risks that relate to government actions or political circumstances

Export Credit Agencies (ECAs) provide support to exporters to help mitigate the commercial and/or political risks of non payment by an overseas buyer.

ECAs

ECAs exist in most countries. ECAs are typically some form of governmental or quasi governmental entity or a private institution acting on behalf of the government. Their purpose is to promote exports from their own country with the ultimate aim of supporting their country's employment levels and economy. They typically do this by providing support for exports to buyers or regions where the commercial market is unable or unwilling to provide finance. This encourages businesses to export to new overseas buyers and new markets.

The

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