Export Insurance Agency of Armenia (EIA) | Export Credit Agency (ECA) in Armenia |
About Export Insurance Agency of Armenia
The Export Insurance Agency of Armenia Insurance Company (EIA) provides insurance against any financial losses incurred as a result of non-payment for supplied goods by foreign buyers or their banks, thus helping to minimise export risks for their customers. Founded on 23 October 2013 by the government of the Republic of Armenia, it serves as an important cog within the framework of Armenian export policy.
Their main objectives are to:
- Promote Armenian exports by offering exporters insurance against the non-payment risk of their overseas buyers
- Contribute to the creation of accessible and affordable financial resources for SMEs
- Contribute to the development of the private market of commercial credit insurance
Products and services offered by Export Insurance Agency of Armenia
- Export insurance
- Pre-export finance insurance
- Insurance loss
Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio
Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished
Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals
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English Website for Export Insurance Agency of Armenia
Armenian Website for Export Insurance Agency of Armenia
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About the Author
Elcyn Domingo is responsible for the TFG Weekly Trade Briefings at Trade Finance Global.
She holds a Bachelor of Science degree in Information and Technology and is passionate about how SMEs can use new technologies to overcome challenges for business growth, with regard to both digital and sustainable models for trade.