Welcome, Guest!

lost your password?

Ministry of economic development of the Russian Federation

Export Insurance Agency of Russia (EXIAR)

EXIAR 

EXIAR (hereinafter the Agency) is a specialized state institution to support exports through the provision of a range of export credit and investment insurance products. It is Russia’s national export credit agency (ECA), and was built from the ground up as a result of a push by the Russian government in late 2009 to step up the development and implementation of its export support programme. This project formed one of several anti-crisis measures drawn up at the time to spur national economic development.

The rules and principles of OECD and WTO, as well as the long-term experience of the developed countries in the field of credit agencies were taken into account. The aim of EXIAR is to facilitate the state external economic policy and to boost the competitiveness of the Russian business in the world market.

The area of EXIAR specialization is the insurance support of the non-resource export of Russian goods, works, services, and the foreign investments of the Russian companies.

The activities of the Agency:
Insurance support for the Russian goods and services export,
Insurance support for the Russian investments abroad,
Providing support for the export-oriented SMEs,
Developing a modern system of export finance, secured with the Agency insurance.

EXIAR insurance cover is used to hedge:
Export credits from commercial and political risks;
Russian investment abroad against political risks.

The activity of the Agency falls under the state guarantee.

The activity of the Agency is governed by:

Federal Law No 82-FZ “On the Development Bank” dated May 17, 2007, Article 3.1

Decree of the Government of the Russian Federation dated November 22, 2011 no. 964 (as amended on March 21, 2016) “On the insurance and security of export credits and investments against commercial and political risks” (jointly with the “Rules of insurance and securing of export credits and investment against commercial and political risks”)

 

Eximbank

State Specialized Russian Export- Import Bank (joint-stock company) was founded in 1994 to realize the Russian State’s objectives and policy to stimulate and support the export of Russian manufacturing products. The bank’s authorized capital is 20,75 billion roubles.
Russian rating agency RAEX (Expert RA) has assigned to the Bank an individual credit rating «А++» which means “Exceptionally high (the highest) level of creditworthiness”. The Bank also has Moody's Ba2 long-term local- and foreign-currency deposit ratings (outlook stable).
Eximbank of Russia works with different non-commodity exporters, including companies that realize the biggest projects. The majority of our clients are exporters that work on medium and large projects. Eximbank of Russia pays special attention to supporting export projects that have limited access to market-based sources of funding. To help beginning exporters enter international markets, our Bank has published a manual for beginner exporters on its site.

The Bank is successfully developing its profile activities in the countries of the Commonwealth of the Independent States (CIS), the countries of the Pacific Rim, BRICS, Latin America, and other countries.

The Bank is a member of the Association of Russian Banks (ARB), Moscow Interbank Currency Exchange (MICEX) and the Russian Finance and Banking Union (RFBU), ROSSWIFT, SWIFT, the Association of Bill Market Participants, Brussels International Banking Club (BIBC), and the non-profit partnership National Committee for the Assistance to the Economic Cooperation with Latin American countries (NC SESLA).


Eximbank of Russia is part of a group of Vnesheconombank.

For information about credits follow link http://eximbank.ru/eng/credits/

02.10.2017