Difference between revisions of "Export Credit Guarantee"

From Open Risk Manual
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== Definition ==
 
== Definition ==
'''Export Credit Guarantee'''. It is an assurance normally provided by a government agency that safeguards financial institutions against losses that could arise from financing export transactions. It facilitates vendors'access to pre-/post-shipment credit from a financial ­institution. It is a powerful incentive to exporting. Export credit guarantees do not involve the actual provision of funds to the vendors.
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'''Export Credit Guarantee'''. It is an assurance normally provided by a government agency that safeguards financial institutions against losses that could arise from financing export transactions. It facilitates vendors'access to pre-/post-shipment credit from a financial ­institution. It is a powerful incentive to exporting.  
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Export credit guarantees do not involve the actual provision of funds to the vendors.
  
 
[[Category:Supply Chain Finance]]
 
[[Category:Supply Chain Finance]]
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[[Category:Guaranty]]

Latest revision as of 13:51, 13 February 2020

Definition

Export Credit Guarantee. It is an assurance normally provided by a government agency that safeguards financial institutions against losses that could arise from financing export transactions. It facilitates vendors'access to pre-/post-shipment credit from a financial ­institution. It is a powerful incentive to exporting.

Export credit guarantees do not involve the actual provision of funds to the vendors.

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