Export Credit Insurance Corporation of SA (ECIC)
The Export Credit Insurance Corporation SOC LTD (ECIC) is an official Export Credit Agency of the South African government. ECIC is a state-owned company and derives its mandate from the Department of Trade and Industry. The corporation was established in 2001 with a mandate of facilitating and encouraging South African export trade by underwriting bank loans and investments outside the country to enable South African contractors to win capital goods and services contracts in foreign markets. The corporation provides political and commercial risk insurance for medium to long-term export and investment transactions in foreign countries.
- Country: South Africa