Société Nationale d’Assurance de Crédit et du Cautionnemen (SONAC) | Export Credit Agency (ECA) in Senegal

Export Credit Agency (ECA) in Senegal

Trade Finance Global / Export Finance | The 2022 Ultimate Guide for Exporters | TFG Business Hub / Export Credit Agencies (ECAs) | ECA Finance / Société Nationale d’Assurance de Crédit et du Cautionnemen (SONAC) | Export Credit Agency (ECA) in Senegal

Société Nationale d'Assurance de Crédit et du Cautionnemen (SONAC) | Export Credit Agency (ECA) in Senegal SONAC Logo

About Société Nationale d'Assurance de Crédit et du Cautionnemen

Founded in 1998, Société Nationale d’Assurance de Crédit et du Cautionnement (SONAC) provides credit insurance (domestic and export) and financial sureties for Senegal, and was one of the very first companies in West Africa to specialize in credit insurance and guarantees.

SONAC SA guarantees all trades in credit insurance and surety bonds through insurance and co-insurance contracts which provide protection against credit risk.

With over 20 years of solid experience in credit insurance, SONAC has received the approval of the International Conference of Insurance Markets (CIMA) for the regulation and control of the insurance sector in the FRANC Zone, and works in perfect harmony with a global network of leading reinsurance partners to give our customers better access to our products.

A summary of Société Nationale d'Assurance de Crédit et du Cautionnemen

Products and services offered by Société Nationale d'Assurance de Crédit et du Cautionnemen

  • Export credit (Political and Commercial risk)

Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio

Read more

Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished

Read more

Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals

Read more

Key Stats

Name:

Société Nationale d'Assurance de Crédit et du Cautionnemen

Country:

Senegal, Africa

CEO:

--

Founded:

1998

Employees:

--

Government:

Senegal

Company Number:

--

Address:

55, Rue Wagane Diouf, Trianon Building

E-mail Address:

sonacourrier@sonac.sn

Explore Export Credit Agencies around the world with our ECA finder

About the Author

Sheena Magdaraog is responsible for the TFG Weekly Trade Briefings at Trade Finance Global.

With an extensive background in WordPress CMS and Digital Marketing, she loves the digitalization of trade and is fascinated about its impact on day to day transactions.

Back to Top