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ABGF - Brazillian Export Credit Insurance Agency (ABGF)

Key facts

  • Established in 2013
  • Ownership: Public
Not Part of the OECD Part of the Berne Union

Latest update: 03/12/2021

Products

  • Buyer and supplier credit insurance
  • Supplier credit insurance for SMEs

Buyer and supplier credit insurance

Pre-shipment coverage: SMEs have up to 180 days to produce and export goods and/or deliver services. 

Post-shipment coverage: SMEs have repayment period of up to 2 years.

Cover up to 90% against commercial risks without banking guarantee; otherwise, 100% cover.

Fees: Considers country risk, type (pre- or post-shipment), commercial, political and extraordinary events, tenor, and borrower’s financial capacity.

Supplier credit insurance for SMEs


Cover for one or more importers, located in one or more countries.

Eligibility: Brazilian companies with revenues up to BRL 90 million and exports up to USD 3 million in the year prior to the application, or projected exports in excess of USD 3 million in the year following the application for insurance.

Coverage:

  • Pre-shipment maximum percentage cover for commercial, political, and extraordinary risks is 90%
  • Post-shipment maximum percentage cover against commercial risks is 90%, and 95% for political and extraordinary risks

Tenor:


  • Pre-shipment up to 365 days
  • Post-shipment up to 545 days

Premium: Must be paid in advance using the Federal Payment Form systematically issued by ABGF and charged per export transaction approved.

Other fees: The SME will also be charged for the comprehensive credit report (SME, in the pre-shipment) and for the customer’s report.




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