What we do
We are the UK’s export credit agency, helping exporters and investors by providing credit insurance policies, political risk insurance on overseas investments and guarantees on bank loans. UK Export Finance is the operating name of the Export Credits Guarantee Department (ECGD).
We work closely with exporters, banks, buyers and project sponsors and have 90 years’ experience of supporting exports to, and investments in, markets across the world. We do this by providing guarantees, insurance and reinsurance against loss, taking into account the government’s international policies.
insure UK exporters against non-payment by their overseas buyers
help overseas buyers to purchase goods and services from UK exporters by guaranteeing bank loans to finance the purchases
share credit risks with banks to help exporters raise tender and contract bonds, in accessing pre- and post-shipment working capital finance and in securing confirmations of letters of credit
insure UK investors in overseas markets against political risks
Find out about our products and services.
In 2013 our priorities will be to:
- fulfil our statutory remit to support exports
- operate within the policy and financial objectives set by the government, including international obligations
- achieve fair competition by seeking to establish a level playing field internationally, through obtaining multilateral improvements in export credit policies and practices
- recover the maximum amount of debt in respect of claims paid, taking account of the government’s policy on debt forgiveness
You can read our Mission and Principles statement in full in our annual report.
Who we are
You can read relevant legislation: the Export and Investment Guarantees Act 1991 and the Industry and Exports (Financial Support) Act 2009.