Page 72 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025
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6/26/25, 8:41 AM Etihad Credit Insurance Announces AED 174 Million Funding Raised For SME Growth In Partnership With Four Leading Banks
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, Dr. Bernd van Linder, CEO of Commercial Bank of Dubai,
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.”
Mustafa Al Khalfawi, CEO of Ajman Bank, 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 AED 174 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.”
Mohammed Wassim Khayata, CEO of Al Maryah Community Bank,
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.”
The 'Xport Xponential' programme was launched to fulfil the dual objectives of
catalysing SMEs' global expansion and driving SME financing with the help of
partner banks. It was introduced during the third edition of 'Make It in the
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