Brazillian Export Credit Insurance Agency
ABGF offers a modern instrument aimed at supporting Brazilian exporters in the international market. In MLT transactions, the policies are characterised by maturities that exceed two years and, in general, are related to projects involving capital goods, services and other specific contracts. Brazilian Federal resources cover these transactions, through the FGE – Fundo de Garantia à Exportação (Export Guarantee Fund). ABGF acts on behalf of the State, providing all the technical analysis and management of export credit insurance policies.
✓ Export credit insurance:
• MLT cover: commercial and political risks
– Percentage of cover for commercial risks: up to 95%. In the case of commercial risk transactions which hold a bank guarantee issued by acceptable financial institution, the percentage of cover may rise to up to 100%. Percentage of cover for political risks: up to 100%.
• Supplier and buyer credit cover
• Structured and project finance
Founded: 2013
Ownership: Brazilian Federal Government
Joined Berne Union in: 2003 (as SBCE)