Page 59 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025
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6/26/25, 8:40 AM Etihad Credit Insurance announces Dh174 million funding for SME growth in partnership with four leading banks - Aletihad News C…
Futoon Hamdan AlMazrouei, said, “First Abu Dhabi Bank is pleased to be a banking partner of “ECI’s Xport
Xponential programme,” an initiative that reflects the UAE’s strategic vision for economic diversification and
sustainable growth. We are strongly aligned with the Ministry of Economy’s mission to foster a flexible, future-ready
economy and a vibrant entrepreneurial ecosystem by enabling investment and attracting top talent. By empowering
SMEs with access to working capital and innovative trade finance solutions, we are unlocking new opportunities for
global growth. The programme strengthens the UAE’s competitiveness and supports its ambition to expand trade
across strategic international markets.”
On the collaboration, CEO of Commercial Bank of Dubai, Dr. Bernd van Linder, stated, “Commercial Bank of Dubai is
proud to be a foundational partner in ECI’s Xport Xponential programme. With a legacy of over five decades in
backing the growth of the UAE, we continue to demonstrate our commitment today by empowering the nation’s
vibrant SME sector and creating tangible impact that supports the economic diversification and global
competitiveness of the UAE. We look forward to continuing our work with ECI to unlock even greater opportunities for
businesses across the Emirates, building on the significant momentum already achieved.”
CEO of Ajman Bank, Mustafa Al Khalfawi, said, “We are proud to be part of the ‘Xport Xponential’ programme in
collaboration with Etihad Credit Insurance, which represents a significant milestone in empowering SMEs to access
new growth frontiers. Our participation reflects Ajman Bank’s unwavering commitment to supporting the UAE’s
national agenda, particularly Ajman Vision 2030 and We the UAE 2031, by providing Sharia-compliant financing
solutions that enable local businesses to scale internationally. The Dh174 million in funding collectively raised through
this initiative is a powerful testament to the strength of public-private sector collaboration. We will continue to build on
this momentum by enabling innovative trade finance and expanding our role as a catalyst for sustainable economic
development.”
CEO of Al Maryah Community Bank, Mohammed Wassim Khayata, commented, “We are proud to partner with Etihad
Credit Insurance on the ‘Xport Xponential’ programme, which represents a significant milestone in empowering the
UAE’s SMEs to access global markets with confidence. At Al Maryah Community Bank, we are committed to offering
fully digital, fast, and innovative financing solutions that simplify exporters’ daily operations and enhance their global
competitiveness.
This initiative not only aligns with the UAE’s vision to diversify its economy and boost non-oil exports but also opens
new opportunities for local businesses in vital sectors to thrive internationally. We look forward to continuing our
collaboration with ECI to ensure that manufacturers and exporters are equipped with the tools, knowledge, and
capital they need to scale beyond borders.”
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