- by admin - Thu, 04/03/2025 - 01:48
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