Improving the Role of Eximbanks/ECAs in the OIC Member States
149
Sudan
National Agency for Insurance and Finance of Exports (NAIFE)
Name of Entity: National Agency for Insurance and Finance of Exports (NAIFE)
Status: Owned jointly by Ministry of
Finance & National Economy, the
Central Bank of Sudan, Commercial
banks and Insurance companies
Corporate Form: Public Corporation
Year of Establishment:
2005
Capital: 30 mn Sudanese
Pounds (USD 24 mn)
Size of staff: N/A
Financial outturn: N/A Assets: N/A
Product Offerings
Financing
 Credit to exporters
Guarantee
 Export guarantees
Insurance
 Export credit insurance (not more than 12 months)
 Reinsurance services
Bonding Facilities
 None
Advisory and Other Services
 Marketing research and studies
 Promotion of local exports in international markets
Islamic Finance Instruments
 None
Business Volumes:
2012
USD
Mn
ST Export
Credit
Insurance
134
Source: Aman Union Performance
Report 2012
Top Exports / Export Markets:
Products Exported (2013)
HS
Code Description
Value (USD
Mn) %
27 Oil & Gas 2,664 64.3%
6-15 Vegetable 568 13.7%
1-5 Animal 441 10.6%
Others 472 11.4%
Total 4,145 100.0%
Source: UN Comtrade
Top 3 Destinations (2013)
Order Country
Value (USD
Mn) %
1 China 2,100 50.7%
2 Saudi Arabia 520 12.5%
3 Japan 452 10.9%
Others 1,073 25.9%
Total 4,145 100.0%
Source: UN Comtrade