In 2024, ECA supported exports worth ₴7.53 billion and became a member of the Berne Union

In 2024, the Export Credit Agency (ECA) supported 69 exporters by insuring their foreign economic contracts, loans for the execution of such contracts and investment loans totaling ₴1 billion. The supported exports reached ₴7.53 billion, with every hryvnia of ECA responsibility brought ₴7.52 in future export revenue.

ECA’s clients operate across 19 regions of Ukraine, among which the leaders in export volume being Kyiv (₴3.8 billion in export revenue), Lviv oblast (₴1.25 billion), and Vinnytsia oblast (₴703 million). Nine banks are assisting exporters alongside ECA to safely expand the geographical scope of their businesses. The largest contributors to financing were UGB Ukrgasbank - ₴374.67 million (supporting ₴2.9 billion in exports), Oschadbank - ₴208 million (₴629 million) and PUMB - ₴131 million in loans (₴1.78 billion in supported exports). ECA also reports that throughout the year, it introduced new products to protect investors from military risks and concluded the first such agreements, supporting ₴137.6 million in investments.
Additionally, for the first time, ECA insured a bank guarantee for works performed by a Ukrainian contractor in Poland. In 2024, ECA became a full member of the Berne Union - an international organization that unites export credit agencies and promotes the development of global trade.

Reference source: https://cutt.ly/ae5eQBjh

 

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