|The Brazilian Guarantees and Fund Management Agency (ABGF) | |
Export Credit Agency (ECA) in Brazil
About The Brazilian Guarantees and Fund Management Agency
The Brazilian Guarantees and Fund Managements Agency (ABGF) acts on behalf of the state, represented by the Ministry of Finance’s Secretariat for International Affairs (SAIN). ABGF provides services for export credit insurance activities backed by the Export Guarantee Fund (FGE). FGE is an official instrument available for export credit guarantees.
Export Credit Insurance (ECI) is an important tool to promote the competitiveness of Brazilian exports by covering commercial, political and/or extraordinary risks that have the potential to impact Brazil’s exports of goods and services. The guarantees can be offered either to small and medium enterprises (SMEs) for short-term credits, or for medium and long-term transactions, whenever the repayment period is longer than two years.
As well as running all services related to ECI, the ABGF also plays an important role in managing the Infrastructure Guarantee Fund (FGIE). This is a fund of a private legal nature which assures coverage for credit risks, performance, cost overrun and any eventuality that might trigger a breach of contractual obligations. The fund also guarantees engineering risks to infrastructure projects such as public concession toll-roads, railways, ports or airports – projects listed in the Brazilian Growth Acceleration Program (PAC). Federal and/or State PPP (Public-Private Partnerships) projects are also eligible for FGIE support.
The ABGF also manages the Rural Insurance Stability Fund (FESR), which was created to maintain and ensure rural insurance operations in Brazil and cover the additional risk of disaster inherent in rural activity. The FESR ensures the stability of the Rural Insurance operations in sectors such as agriculture, livestock, aquaculture, forests and rural pledge.
By offering a suite of guarantee/insurance products under one roof, ABGF is able to capture synergy and scale gains in the provision of official support to all Brazilian export and infrastructure projects.
Products and services offered by the Brazilian Guarantees and Fund Management Agency
- Supplier credit
- Buyer credit
- Pre-Credit risk
- Credit risk (post shipment)
- Export credit insurance (MLT and SME)
- Structured and project finance
Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio
Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished
Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals
Are you an exporter based in Brazil?
See our TFG Brazil Export guide here .