export credit insurance company and the export enterprises What is the relationship?
internship I was in a trading company and saw a bank, export credit insurance, business agreements. a lot of things do not understand. export credit insurance major to do? What is the relationship between them.
Answer:
Export Credit Insurance: It can be simply understood as the export business for insurance companies, that is, the export business loan did not withdraw it, the insurance company must compensation.
For the banks, is generally to provide enterprises with international trade financing services, that is, enterprises in the export loan recovery before the enterprises to export loan guarantee for the repayment, the banks lend money to businesses first, , but banks fear lending out money at risk, demanded that export credit insurance company providing insurance for export loans, and bank refinancing. They signed the tripartite agreement between the.
the important role of export credit insurance is one of the to facilitate bank financing.
you can go to look at the website of China’s export insurance company, it is understood. or to search about export credit insurance, or book store to see the book on export credit insurance to understand.