Improving the Role of Eximbanks/ECAs in the OIC Member States
152
Albania
Export Credit Guarantee Fund (ECGF)
http://wbc-inco.net/object/organisation/8830Name of Entity:
Export Credit Guarantee Fund (ECGF)
Status:
Fund under Albania
Investment Development Agency
Corporate Form:
Other - Fund
Year of
Establishment
: 2007
Capital:
Euro 1.6 million
(USD1.8 mn)
Size of staff:
N/A
Financial outturn:
N/A
Assets:
N/A
Product Offerings
Financing
None
Guarantee
The fund provides guarantees that cover collateral offered to lenders in order to
increase exports. Equal conditions and terms of financing apply for both local and
foreign exporters
Insurance
None
Bonding Facilities
None
Advisory and Other Services
None
Islamic Finance Instruments
None
Business Volumes:
N/A
Top Exports / Export Markets:
Products Exported (2013)
HS
Code
Description
Value (USD
Mn)
%
27
Oil & Gas
730
30.2%
50-63
Textiles,
Clothing
384
15.9%
64-67
Footwear
364
15.1%
Others
941
38.9%
Total
2,419
100.0%
Source: UN Comtrade
Top 3 Destinations (2013)
Order
Country
Value (USD Mn)
%
1
Italy
1,088 45.0%
2
China
235
9.7%
3
Spain
227
9.4%
Others
870 36.0%
Total
2,419 100.0%
Source: UN Comtrade




