Page 44 - ETIHAD CREDIT INSURANCE PR REPORT - JULY 2024
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8/2/24, 1:09 PM Etihad Credit Insurance and International Development Bank sign cooperation agreement to support ‘Xport Xponential’ initiative
Etihad Credit Insurance and International
Development Bank sign cooperation agreement
to support ‘Xport Xponential’ initiative
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8/1/2024 9:55:39 AM
(MENAFN- Orient Planet Group) July 31, 2024: Etihad Credit Insurance (ECI), the UAE
Federal export credit company, signed a cooperation agreement with the International
Development Bank (IDB), the largest banking network in Iraq, to support the ‘Xport
Xponential’ initiative. By signing the agreement, the bank will join the list of partners of the
‘Xport Xponential’ initiative, launched by ECI in May with the goal of empowering UAE-based
companies that operate in the industrial, export, and re-export sectors.
Her Excellency Raja Al Mazrouei, CEO of Etihad Credit Insurance, said: “This partnership
represents a valuable addition to the ‘Xport Xponential’ initiative, as it supports both parties in
their efforts to facilitate trade and economic activities of businesses based in the UAE. It also
gives us great pleasure to announce that the International Development Bank, the first Iraqi
bank with operations in the UAE, will be joining the initiative. We are confident that our mutual
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