Export Credit Insurance Organisation | Export Credit Agency (ECA) in Greece
The Export Credit Insurance Organization (OAEP) was established in 1988 as NIPI, administered by 7 members of the Board of Directors. is not subsidized by the state budget and supervised by the Ministry of Economy and Development.
It is one of about 70 Export Credit Insurance Organizations in the international terminology of ECAs (Export Credit Agencies) existing and operating worldwide and as a member of the Berne Union.
Object of the A safeguard of Export Credit and aims to be a key factor enhancing the extrovert entrepreneurship and improving the competitiveness of Greek export business and thus the development of the Greek economy.
Aiming to promote and meet the needs of each export operation, the OAEP provides high value credit insurance services while funding through simple procedures, tailored to the needs of Greek exports, especially of SMEs.
With strong equity, strong reinsurance contracts and a € 1.47 billion state guarantee to cover political risks, it has the power to perform its work with complete consistency
A summary of Export Credit Insurance Organisation
Export Credit Insurance Organisation – Benefits of using an ECA in Greece
- Short term export credit insurance
- Long term export credit insurance
- Technical Assurance programs
ECIO provides insurance against commercial and political risks of non-payment. The export credits granted by Greek exporters are available to foreign buyers abroad.
The Export Credit Insurance Organization (OAEP) was established in 1988 as NIPI, administered by 7 members of the Board of Directors. is not subsidized by the state budget and supervised by the Ministry of Economy and Development.
Popular Export Products
Cars and Vehicles – One of the biggest exports globally, we’re experts in trading automobiles, working with car dealerships and fleet management services
Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio
Electronics – The circuit board, software and hardware markets have benefited huge growth as a result of consumer demand, find out about our electronics offering here
Key Stats
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Description:
Exporters all over the world face α dual problem on a daily basis: Finding buyers abroad to sell their products and making sure they are paid for the goods they export on credit terms.
The Export Credit Insurance Organization (ECIO) was established by L.1796/1988, it is an autonomous legal entity in private law, it is a non-profit Organization which is governed by α 9-member Board of Directors, it is supervised by the Ministry of Economy, Infrastructure, Shipping & Tourism, while its State Guarantee Capital amounts today to 1.47 billion euros.
CEO Information:
Founded:
1988
Employees:
240
Government:
Government backing this type of ECA
Company Number:
Registration number here
Address:
Athens, 10564
Greece
Website:
English Website for Export Credit Insurance Organisation
Greek Website for [Export Credit Insurance Organisation]
Last Annual Report:
Insert an image of the screenshot of their latest annual report here
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