Improving the Role of Eximbanks/ECAs in the OIC Member States
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4. MAIN FEATURES OF ECAS IN THE OIC MEMBER COUNTRIES
Within the OIC ECA community, there are a variety of business models, types and sizes of ECAs,
each with features that reflect the unique local circumstances and organizational competencies
and limitations. Some play a dominant role in their economies, while others are less active. While
the mandates are generally consistent – to support and promote their country’s exports – the
operations can differ significantly.
4.1 Date of Establishment of OIC ECAs
Some ECAs have been established for many years, while others are new.
Although Bangladesh was the first OIC country to offer export credit insurance, Tunisia was the
first ECA set up in 1984. A few other ECAs were established prior to the 1990s including,
Asuransi Ekspor Indonesia ASEI (1985), Export Development Bank of Egypt (1985) and Turk
Eximbank (1987).
New entrants over the past few years include Indonesia Eximbank (2009), Bahrain’s Export
Credit Guarantee Program (2011), Qatar’s Export Development Agency TASDEER (2011), and
Albania’s Export Credit Guarantee Fund (2011).