Institution details

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ECGE E - Export Credit Guarantee Company of Egypt (ECG Egypt)

Key facts

  • Established in 1992
  • Ownership: Private
Not Part of the OECD Part of the Berne Union

Latest update: 03/12/2021

Products

  • Supplier credit
  • Factoring
  • Export debt recovery

Supplier credit

Insures Egyptian exporters against non-payment

Tenor:

  • Short-term: Up to 1 year for raw materials, intermediary products, and finished goods
  • Medium-term: Up to 5 years for engineering products, construction, machinery, and equipment

Cover: Commercial and political risks


Factoring

Export factoring: Finance, protection, and collection through the purchase of export sales invoices without recourse to exporter

Import factoring: Issue guarantees on Egyptian importers to facilitate importation through open account transactions without cash collateral or bank guarantees


Export debt recovery

ECGE monitors and recovers overdue accounts for Egyptian exporters through a network of overseas debt collector partners


Performance highlights

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