Page 28 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025

6/30/25, 7:54 AM Etihad Credit Insurance Announces AED 174 Million SME Funding with 4 Leading Banks - Business Today Middle East
Etihad Credit Insurance Announces

AED 174 Million SME Funding with 4

Leading Banks

Staff writer

Banking & Finance, Business June 26, 2025 No Comments

Facebook Twitter LinkedIn Pinterest Pocket WhatsApp

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, announced the impact of its
‘Xport Xponential’ programme, which has helped raise AED 174 million in funding to support the growth of
SMEs, during the closing ceremony of the programme. The working capital was raised with the support of
four of ECI’s banking partners: First Abu Dhabi Bank, Commercial Bank of Dubai, Ajman Bank, and Al
Maryah Community Bank. ECI also remains committed to securing similar funding and capital for SMEs
in collaboration with its other banking partners.
The programme’s closing ceremony was held under the patronage of Abdulla Bin Touq Al Marri, the
Minister of Economy and Chairman of the Board of Directors of Etihad Credit Insurance. The event aligns
with the Ministry’s mission to develop a flexible future economy and robust entrepreneurial ecosystem by
facilitating investment and talent attraction.

Bin Touq stated: “The ‘Xport Xponential’ programme plays a pivotal role in advancing the UAE’s ongoing
efforts to increase the contribution of small and medium-sized enterprises to the country’s non-oil GDP. It
also directly supports the objectives of the ‘We the UAE 2031’ national strategy, which aims to increase
non-oil exports to AED 800 billion and expand foreign trade volume to AED 4 trillion by the next decade.
Moreover, with export and re-export activities between the UAE and countries with which we have
Comprehensive Economic Partnership Agreements (CEPA), already exceeding AED 390.5 billion, the
initiative leverages existing trade momentum to help SMEs unlock the untapped potential of these
markets, particularly as the UAE continues to expand its economic and trade partnerships with key
strategic markets worldwide.”
https://www.businesstoday.me/banking-finance/etihad-credit-insurance-announces-aed-174-million-sme-funding-with-4-leading-banks/ 1/3