Page 225 - ETIHAD CREDIT INSURANCE PR REPORT - MAY 2024 (International)
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Etihad Credit
Insurance records
21-fold growth in
gross exposure
by end of 2023 to
reach AED 9.6
billion in 5 years
24-7 Press Release Newswire Thursday,
May
23,
2024
at
11:00am
GMT+4
DUBAI, UAE, May 23, 2024 /24-7PressRelease/ -- Etihad Credit Insurance (ECI), the UAE
Federal export credit company, unveiled its growth trajectory in its annual report for 2023.
With a gross exposure of AED 9.6 billion, ECI experienced a 21-fold increase compared to
2019.
H.E. Abdulla Bin Touq Al Marri, Minister of Economy and Chairman of ECI Board of
Directors, said: "Under the guidance of 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
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