This article uses bare URLs, which are uninformative and vulnerable to link rot. Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style. Several templates and tools are available to assist in formatting, such as reFill (documentation) and Citation bot (documentation).(August 2022) (Learn how and when to remove this message)
Part of a series on financial services
Banking
Types of banks
Advising
Banq
Bulge bracket
Central
Commercial
Community development
Cooperative
Credit union
Custodian
Depository
Development
Direct
Export credit agency
Investment
Industrial
Merchant
Middle market
Mutual savings
Neobank
Offshore
Participation
Payments
Postal savings
Private
Public
Retail
Savings
Savings and loan
Universal
Wholesale
Bank holding company
Lists of banks
Accounts · Cards
Accounts
Christmas club
Deposit
Money-market
Savings
Time deposit (Bond)
Transaction (checking / current)
Cards
ATM
Credit
Debit
Prepaid
Funds transfer
Cheque
Card
Electronic
Bill payment
Mobile
Wire
RTGS
NS
ACH
Instant payment
Giro
SWIFT
Correspondent account
CLS
CIPS
SPFS
BRICS PAY
Terms
Automated teller machine
Bank regulation
Loan
Mobile banking
Money creation
Bank secrecy
Ethical banking
Fractional-reserve banking
Full-reserve banking
Islamic banking
Private banking
Related topics
Financial market (participants)
Corporate finance
Personal finance
Public finance
Financial law
Financial regulation
List of banks
Category
Commons
Portal
v
t
e
An export credit agency (known in trade finance as an ECA) or investment insurance agency[1] is a private or quasi-governmental institution that acts as an intermediary between national governments and exporters to issue export insurance solutions and guarantees for financing. The financing can take the form of credits (financial support) or credit insurance and guarantees (pure cover) or both, depending on the mandate the ECA has been given by its government. ECAs can also offer credit or cover on their own account. This does not differ from normal banking activities. Some agencies are government-sponsored, others private, and others a combination of the two.
ECAs currently finance or underwrite about US$430 billion of business activity abroad – about US$55 billion of which goes towards project finance in developing countries – and provide US$14 billion of insurance for new foreign direct investment, dwarfing all other official sources combined (such as the World Bank and Regional Development Banks, bilateral and multilateral aid, etc.). As a result of the claims against developing countries that have resulted from ECA transactions, ECAs hold over 25% of these developing countries' US$2.2 trillion debt.[citation needed]
Export credit agencies use three methods to provide funds to an importing entity:
Direct Lending: This is the simplest structure whereby the loan is conditioned upon the purchase of goods or services from businesses in the organizing country.
Financial Intermediary Loans: Here, the export–import bank lends funds to a financial intermediary, such as a commercial bank, that in turn loans the funds to the importing entity.
Interest Rate Equalization: Under an interest rate equalization, a commercial lender provides a loan to the importing entity at below market interest rates, and in turn receives compensation from the export–import bank for the difference between the below-market rate and the commercial rate.
^"A Complete Guide To Export Credit Insurance". 13 July 2016.
and 25 Related for: Export credit agency information
An exportcreditagency (known in trade finance as an ECA) or investment insurance agency is a private or quasi-governmental institution that acts as an...
of the activities belongs to Credendo – ExportCreditAgency, which acts as a traditional ExportCreditAgency (ECA). It's established in Brussels (Belgium)...
ECGC Limited (Formerly ExportCredit Guarantee Corporation of India Limited) is a government owned exportcreditagency of India. It is under the ownership...
The ExportCredits Guarantee Department (ECGD), branded as UK Export Finance (UKEF), is the exportcreditagency and a ministerial department of the Government...
companies and governmental exportcreditagencies to business entities wishing to protect their accounts receivable from loss due to credit risks such as protracted...
Swedish ExportCredit Corporation (Swedish: Aktiebolaget Svensk Exportkredit) is a state-owned corporation that serves as an exportcreditagency. It provides...
for wills of their customers etc. The function of credit creation is generated on the basis of credit and payment intermediary. Commercial banks use the...
the United States, the official export creditagency (ECA) of the United States federal government African Export–Import Bank, a Pan-African Multilateral...
Education Servizi Assicurativi del Commercio Estero (SACE SpA), Italian ExportCreditAgency Southern Alliance for Clean Energy Supreme Allied Commander Europe...
agricultural exportcreditagency, exclusive among banks of the Farm Credit System. This makes it an agricultural credit bank, a combination of a farm credit bank...
voter registration form. The Export-Import Bank of the United States (U.S. Ex-Im Bank) is the official exportcreditagency (ECA) of the United States federal...
The Philippine Guarantee Corporation is the Philippines exportcreditagency providing trade finance. It is setup as a government-owned and controlled...
Cashback website Compulsive shopping Credit card hijacking Credit rating agencyCredit reference agency Criticism of credit scoring systems in the United States...
The Hong Kong ExportCredit Insurance Corporation was established in 1966 under the Hong Kong ExportCredit Insurance Corporation Ordinance (Chapter 1115)...
financial services, including savings accounts, current accounts, debit and credit cards, and other banking services. They focus on providing a seamless and...
exportcredit guarantees, and agricultural export subsidies. The programs funded through CCC are administered by employees of the Farm Service Agency...
countries worldwide. These include government-backed official exportcreditagencies, private credit and political risk insurers and multilateral institutions...
инвестиций, ЭКСАР; Officially: Russian Agency for Insurance Exportcredits and Investments) is a Russian government agency, which was established on October...
Etihad Credit Insurance (ECI) (Arabic: الإتحاد الائتمان الصادرات) is the official exportcreditagency of the United Arab Emirates. The agency "aims to...
accounts), credit cards, credit, share term certificates (certificates of deposit), and online banking. Normally, only a member of a credit union may deposit...
with the entrance of such players as insurance agencies, credit unions, cheque cashing services, credit card companies, etc. As a reaction, banks have...
and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial...
Commercial Community development Cooperative Credit union Custodian Depository Development Direct Exportcreditagency Investment Industrial Merchant Middle...
Global Information
