Export Credit Agencies (ECAs) are financial entities, often sponsored by national governments, with mandates to help domestic private companies manage the risk associated with pursuing new trade and investment opportunities in international markets.
When ECAs are supporting their clients to do more business in developing economies, IFC can leverage its global footprint across more than 100 countries to introduce those clients to local firms, provide debt, equity, trade finance and other products from our own balance sheet, and bring in other syndications partners to create a comprehensive financing solution.
Our financing and syndications benefit from IFC's world-class standards in risk management and corporate governance, as well as measurement and reporting of environmental and social impact.
ECAs typically join IFC to directly lend alongside us as parallel lenders or to provide cover to commercial banks under a separate parallel loan tranche.
We are currently building our relationships with the ECA community as a new avenue to leverage common synergies between ECAs and development finance institutions and jointly create new opportunities for partnership and co-investment.