The Israel Export Insurance Corp. Ltd. (ASHRA) | Export Credit Agency (ECA) in Israel |
ASHRA is a government-owned company and is the only Israeli company in its sector.
ASHRA was established in 1957 to encourage exports from Israel, to help minimize political and commercial risks, to raise export financing for the mid and long terms (from one year and up to 15 years) and to finance Israeli investments abroad. ASHRA’s policies are fully backed by a state guarantee.
ASHRA operates mainly in developing countries, characterized by a high level of commercial and political risks, concerns that agreements will not be honoured, and suffering from claims and difficulties in the transfer of funds. ASHRA is involved an insignificant part of the mid and long-term export transactions to developing countries. Most of the insured countries are located in South East Asia, Eastern Europe and South America. At the end of 2010, ASHRA’s insurance portfolio included export transactions of more than $1 billion in various fields such as industry, infrastructure, medical equipment, energy, communications, agriculture, security equipment, planning and engineering services.
ASHRA also offers insurance of Israeli exports to industrialized and developed countries. ASHRA provides Israeli exporters with a wide range of insurance solutions and advice, enabling them to minimize risks, to receive financing and to immediately recognize income.
A summary of The Israel Export Insurance Corp. Ltd.
The Israel Export Insurance Corp. Ltd. (ASHRA) – Benefits of using an ECA in Israel
- Insurance coverage
- Agreements and International Contracts
- Help with adjustment to Changing Situations
What types of products and services does The Israel Export Insurance Corp. Ltd. (ASHRA) offer in Israel?
Here is a list of different products and services offered by ASHRA:
- Investment
- Buyer’s credit loan agreement
- Pre-Shipment – Export Contract
- Supplier’s credit
- Credit line loan agreement
History of The Israel Export Insurance Corp. Ltd. (ASHRA)
ASHRA was established in 1957 to encourage exports from Israel, to help minimize political and commercial risks, to raise export financing for the mid and long terms (from one year and up to 15 years) and to finance Israeli investments abroad. ASHRA’s policies are fully backed by a state guarantee.
ASHRA operates mainly in developing countries, characterized by a high level of commercial and political risks, concerns that agreements will not be honoured, and suffering from claims and difficulties in the transfer of funds. ASHRA is involved in an insignificant part of the mid and long-term export transactions to developing countries. Most of the insured countries are located in South East Asia, Eastern Europe and South America. At the end of 2010, ASHRA’s insurance portfolio included export transactions of more than $1 billion in various fields such as industry, infrastructure, medical equipment, energy, communications, agriculture, security equipment, planning and engineering services.
ASHRA also offers an insurance of Israeli exports to industrialized and developed countries. ASHRA provides Israeli exporters with a wide range of insurance solutions and advice, enabling them to minimize risks, to receive financing and to immediately recognize income.
Cars and Vehicles – One of the biggest exports globally, we’re experts in trading automobiles, working with car dealerships and fleet management services
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English Website for The Israel Export Insurance Corp. Ltd. (ASHRA)
Hebrew Website for The Israel Export Insurance Corp. Ltd. (ASHRA)