Page 86 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025
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6/26/25, 8:42 AM Etihad Credit Insurance Announces AED 174 Million Funding For SME Growth In Partnership With Four Leading Banks - UrduPoint
She added: “ECI’s ‘Xport Xponential’ programme aligns with the UAE’s
strategic vision to diversify its revenue sources away from oil. It offers
integrated financial and insurance solutions, particularly to SMEs, enabling
them to scale internationally, while mitigating major export-related risks.”
Futoon Hamdan AlMazrouei, Group Head of Personal, business, Wealth and
Privileged Client Banking Group at First Abu Dhabi Bank (FAB), 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, 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.
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