Etihad Credit Insurance
United Arab Emirates public bank
From Wikipedia, the free encyclopedia
Etihad Credit Insurance (ECI) (Arabic: الاتحاد لائتمان الصادرات) is the official export credit agency of the United Arab Emirates.[1] The agency "aims to support the economic diversification by guaranteeing commercial and non-commercial risks associated with export and re-export of goods and services".[2]
- Abdulla bin Touq Al Marri, Chairman
- Thani bin Ahmed Al Zeyoudi, Deputy Chairman
| الاتحاد لائتمان الصادرات | |
 | |
| Agency overview | |
|---|---|
| Formed | 1 February 2018 |
| Jurisdiction | United Arab Emirates |
| Headquarters | Etihad Towers, Abu Dhabi |
| Agency executives |
|
| Website | eci |
The ECI's main objective is supporting the diversification of the UAE's economy by supporting non-oil export and imports. By 2020 major industries supported included the chemical industry, steel, construction, cables, food, packaging, electronics, healthcare and printing [3]
History
Founded in February 2018, the ECI is a public joint stock company wholly owned by the UAE federal government and the governments of the emirates of Abu Dhabi, Dubai, Ajman, Ras Al Khaimah, and Fujairah.[4]
In 2021, ECI was voted as a permanent member of the Berne Union.[5]
In 2021, according to the ECI's annual report, the company extended non-oil support of $3.1 billion, to 92 counties, covering 18 sectors.[6] Top destinations for UAE exports included Saudi Arabia, Iraq, India, Oman, Kuwait, and Jordan.