Page 132 - ETIHAD CREDIT INSURANCE PR REPORT - MAY 2024 (International)

6/4/24, 4:31 PM Etihad Credit Insurance records 21-fold growth in gross exposure by end of 2023 to reach AED 9.6 billion in 5 years | User | bigspri…
our wise leadership, the UAE achieved regional and international

success, becoming a leading hub for trade and investment.

Emphasising emerging industries and SMEs, we are diversifying our

economy according to the 'We the UAE 2031' vision. ECI's financial

and strategic support contributes to the 2030 Agenda for Sustainable

Development."

H.E. Raja Al Mazrouei, Chief Executive Officer of ECI, said: "We

provide innovative credit solutions, easy financial access, expert

market insights, and nurture strategic collaborations. Our dedication

to UAE exporters is reflected by the 25 per cent increase in policies

issued. Our primary aim is to expand ECI's services to strengthen

national exports."

ECI's supported UAE exporters across 17 sectors in 110 countries,

amounting to a non-oil trade and investment of AED 14 billion in

2023. This was facilitated by 21 agreements with government export

credit agencies.

ECI's commitment to supporting clients beyond credit insurance is

demonstrated by the company's handling of overdue payments,

resulting in collection of AED 82 million. It showcases ECI's

contributions to facilitating financial access for UAE exporters, with

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