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Primary goals of ECGC |
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Re: primary goals of ecgc
Export Credit Guarantee Corporation (ECGC) is a company wholly owned by the Government of India based in Mumbai, Maharashtra. As you asking I am telling the primary goal of Export Credit Guarantee Corporation Of India, (ECGC) is to support and strengthen the export promotion drive in India: By providing a range of credit risk insurance covers to Exporters against loss in exports of goods and services. By offering guarantee to banks and financial institutions to enable exporters obtain better facilities from them. Functions Provides a range of credit risk insurance covers to exporters against loss in export of goods and services as well. Offers guarantees to banks and financial institutions to enable exporters to obtain better facilities from them. Provides Overseas Investment Insurance to Indian companies investing in joint ventures abroad in the form of equity or loan and advances... Facilities by ECGC Offers insurance protection to exporters against payment risks Provides guidance in export-related activities Makes available information on different countries with its own credit ratings Makes it easy to obtain export finance from banks/financial institutions Assists exporters in recovering bad debt Provides information on credit-worthiness of overseas buyers |
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