Export Guarantee Fund of Iran
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EGFI to Assist Virus-Hit Businesses
EghtesadOnline: The Export Guarantee Fund of Iran, the state-owned export credit agency, has raised the ceiling of its coverage to help support businesses affected by the COVID-19.
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Banks Not Doing Enough to Help Exporters
EghtesadOnline: Head of the Export Guarantee Fund of Iran has criticized the poor performance of banks in supporting export-based companies, recalling that robust financial support for export…
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EGFI Building Ties to Insurance Firms to Cover Export Risks
EghtesadOnline: The Export Guarantee Fund of Iran is collaborating with insurance companies to expand risk coverage for export companies, the EGFI chief said.
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EGFI Wants to Double Capital
EghtesadOnline: Export Guarantee Fund of Iran, a state-owned export credit agency, is set to increase its capital by €100 million in the next (March 2020-21) budget and it is working hard to…
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Iran's ECA, Iraqi Kurdistan Sign $200m Credit Deal
EghtesadOnline: The Export Guarantee Fund of Iran and Iraq’s Kurdish Regional Government signed a memorandum of understanding based on which a credit line worth $200 million will be opened for…
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Iran's ECA Covers $1b Exports in 5 Months
EghtesadOnline: The Export Guarantee Fund of Iran covered non-oil exports worth $1 billion in the first five months of the current fiscal year (started in mid-March), head of EGFI said.
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Iran's Private Firms Want Stronger Export Credit Agency
EghtesadOnline: In a letter to President Hassan Rouhani, private sector representatives have called on government to give more authority to the Export Guarantee Fund of Iran with regard to issuing…
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Iran's ECA Chief Joins Aman Union Board
EghtesdaOnline: The managing director of Export Guarantee Fund of Iran, Afrouz Bahrami, was elected as a member of Aman Union's board of directors for two years.
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Iran's ECA Outperforms Aman Union Members
EghtesadOnline: The Export Guarantee Fund of Iran topped the list of export credit and guarantee funds that are members of the Aman Union, the EGFI head said.
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EGFI Risk Coverage Grows 102 Percent in Fiscal Q1
EghtesadOnline: The performance of Export Guarantee Fund of Iran in covering export risks has grown 102% during the first quarter of the current fiscal year (started March 21), compared with…
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EGFI Fosters Trade With Iraq
EghtesadOnline: The Export Guarantee Fund of Iran is stepping up efforts to promote non-oil exports to Iraq by offering lower premium rates and cheaper guarantee cover.
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Iran's ECA Reassures Foreign Trade Partners
EghtesadOnline: CEO of the Export Guarantee Fund of Iran says the fund has taken special measures to shield exports from the negative impact of US sanctions.
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Iran's ECA Wants Fair Share in Neighboring Markets
EghtesadOnline: The Export Guarantee Fund of Iran, a state-owned export credit agency, has issued $3.4 billion worth of export insurance cover and guarantees for Iranian traders who export goods…
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EGFI Says Expanding Boundaries
EghtesadOnline: Insurance cover and export guarantees offered by the Export Guarantee Fund of Iran, a state-owned agency, reached $2.2 billion in the current fiscal (ends on March 20), indicating…
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Iran's ECA Reports 62% Growth in Export Guarantees in 9 Months
EghtesadOnline: The Export Guarantee Fund of Iran, a state-owned export credit agency, issued $1.7 billion worth of guarantees for exporters of non-oil goods in the first nine months of current…
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Iran's EGFI Expands Operations to Support Regional Trade
EghtesadOnline: As reimposed US sanctions restrict Iranian banks, the Export Guarantee Fund of Iran is set to expand operations to better support the country's exports, especially with regional…
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EGFI Tax Exemption Bill
EghtesadOnline: A proposal to exempt the Export Guarantee Fund of Iran from paying value-added taxes has been sent to the parliament as part of a bill and is being followed up, announced the…
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EGFI Signs Deal With Polish Counterpart
EghtesadOnline: The Export Guarantee Fund of Iran has signed an agreement to bolster banking and insurance cooperation with KUKE, its Polish counterpart.
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BRICS Member States Upgrade Iran Risk Rating
EghtesadOnline: The member states of BRICS, the association of five major emerging economies, have each upgraded Iran's risk rating to pre-sanctions levels, the deputy head of Export Guarantee…
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MoU to Help Boost Iranian Exports to Oman
EghtesadOnline: A memorandum of understanding was signed between Iran-Oman Chamber of Commerce and Export Guarantee Fund of Iran on Tuesday to help boost cooperation between traders of the two…
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EGFI supports export to Oman
EghtesadOnline: Managing Director of Export Guarantee Fund of Iran (EGFI) Kamal Seyed Ali said on Sunday that the fund supports export to Oman.
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Iranian, Slovak banks ink MoU
EghtesadOnline: Managing directors of Export Guarantee Fund of Iran and Export-Import Bank of Slovakia signed a memorandum of understanding (MoU) on Tuesday on the sidelines of spring meeting…
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Iranian, Finnish ECAs Sign Wide-Ranging Agreement
EghtesadOnline: Export Guarantee Fund of Iran signed an agreement with Finland’s state-owned export credit agency, Finnvera, on the sidelines of the Berne Union Spring Meeting in Copenhagen.
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Iranian Gov't Approves Forex Hedging Proposal
EghtesadOnline: The Cabinet announced the details of foreign exchange hedging directive proposed by the Export Guarantee Fund of Iran and approved in the 17th meeting of the Cabinet members on…
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71% Growth in EGFI Export Coverage
EghtesadOnline: The Export Guarantee Fund of Iran, the state-owned export credit agency, issued export insurance and guarantees worth $1.6 billion in the previous Iranian year (March 2016-17),…
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Iran, Portugal ECAs Sign Cooperation Deal
EghtesadOnline: Export Guarantee Fund of Iran and Portugal’s private insurance firm COSEC signed a memorandum of understanding in Tehran on Tuesday to expand cooperation.