Bulgarian Export Insurance Agency
BAEZ was established as a joint stock company and now the sole shareholder, with 100% capital share, is the Republic of Bulgaria,
represented by the Minister of Economy, energy and Tourism. BAEZ performs activity on its own account and on the account of the state.
The mission of BAEZ is to protect Bulgarian exporters from financial losses and to support the realisation of their production on
international markets by export insurance mechanisms.
BAEZ has also developed schemes that facilitate access of the companies to credits and financing.
✓ Export credit insurance: Insurance against short-term commercial risk (marketable and non-marketable); insurance against short-term political risk; domestic credit insurance.
✓ Export financing: Pre and post-shipment financing. Investment insurance; insurance of letters of credit; insurance of bank guarantees.
✓ Insurance of credit and financing: Covering the risk of delayed payment on behalf of the debtor or insolvency/over-indebtedness or bankruptcy of the debtor.
Founded: 1998
Ownership: Full state ownership
Joined Berne Union in: 1997