Export Credit Guarantee Co. of Egypt (EGE) was founded in 1992 to play a key role in facilitating Egypt’s healthy development in foreign trade and the private sector. In achieving the above, EGE provides comprehensive services and support to exporters and assists them in managing, protecting, and financing their receivables. EGE is the official export credit agency of Egypt and it follows the regulations of the Financial Regulatory Authority of Egypt.
The government of Egypt provides EGE with access to an additional hybrid capital in the form of subordinated Export Development Bonds to be issued by EGE upon need and is fully subscribed by the National Investment Bank (The Sovereign Fund of Egypt). The bonds do not have a specific maturity date & extend until the end of the life of the company. EGE currently has an outstanding Export Development Bonds of EGP 50 million which forms part of its capital base.
To be the one stop shop for protection against risks of trade and investment in Egypt and abroad.
To use insurance to cater to the needs of the Egyptian economy and foster its development.
To support the national interest of Egypt in trade and investment domestically and abroad.
To support the expansion of the Egyptian Industrial base to increase net exports.
To support the level of financial inclusion in the Egyptian Economy.