For 5 months of 2023, banks provided exporters with loans worth 380,76 million UAH under ECA insurance coverage

Such loans have already financed or will finance the implementation of export agreements for the amount of 1,41 billion UAH.

In general, since the launch of export credit insurance in ECA, banks have provided exporters with financing in total 670,5 million UAH, which allowed the business to ensure the implementation of export transactions for the amount of 4,63 billion UAH.

Today, eight banks have been cooperating with ECA for such export support, six of which (Oschad, Ukrgaz, Ukrexim, Privat, Credo and FUIB) signed with the Export Credit Agency agreements on portfolio insurance of granted loans for export transactions.

The total amount of supported export for all ECA products is 4,758 billion UAH. Of which – 130,599 million UAH –are exports, contracts under which were insured in ECA.

Among the categories of goods, the most popular are electric machines and equipment (2,333 billion UAH), various food products (806,855 million UAH) and paper and cardboard, paper products made of mass, paper or cardboard (312,902 million UAH). At the same time, this year the largest amount of supported export recorded in the supply of food products (group 21) – 632,171 million UAH.

Reference source: https://bit.ly/43J9PqI

 

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