Page 37 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024
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11/6/24, 11:20 AM Etihad Credit Insurance signs two MoUs with Saudi Exim Bank and Credit Oman
The MoUs seek to strengthen regional partnerships and collaboration in a number of areas related to insurance and risk management.
Image Courtesy: Etihad Credit Insurance
INSURANCE
Etihad Credit Insurance signs two MoUs with Saudi
Exim Bank and Credit Oman
On the sidelines of the Berne Union Annual General Meeting
Press Release
October 17, 2024
Etihad Credit Insurance (ECI), the UAE’s federal export credit company, signed two Memorandums of
Understanding (MoU) with Saudi EXIM Bank and Credit Oman during its participation in the Annual
General Meeting of Berne Union, in Hamburg, Germany.
The MoUs seek to strengthen regional partnerships and collaboration in a number of areas related to
insurance and risk management. This includes trade credit insurance (conventional and Murabaha),
which provides the UAE exporters with insurance against commercial and non-commercial risks, along
with insurance against individual buyer risks. The cooperation also extends to supply risks, exports
financing, debt sales, SME financing, confirmation of letters of credit, and corporate finance.
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