EXPORT CREDIT INSURANCE ORGANIZATION
PROFILE AND CAPABILITIES
Exporters all over the world face α dual problem on a daily
basis: Finding buyers abroad to sell their products and making
sure they are paid for the goods they export on credit terms.
The Export Credit Insurance Organization (ECIO) was established
, it is an autonomous legal entity in private
law, it is a non-profit Organization which is governed by
α 9-member Board of Directors, it is supervised by the Ministry
of Economy and Finance, while its State Guarantee Capital
amounts today to 1.47 billion euros
ECIO insures, against commercial and political risks of non-payment,
the export credits granted by Greek exporters to foreign buyers
abroad who buy Greek products, services, or even projects.
ECIO also insures, against political risks, the investments
undertaken abroad by Greek entrepreneurs.
By offering the above services, ECIO effectively contributes
to the "extroversion" of the Greek Economy. That is why we
call all Greek exporters to sign an export credit insurance
policy with ECIO. Not only for their own benefit, but also
for the benefit of the Greek Economy as a whole.