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O que (quem) é ECGD - definição
UNITED KINGDOM GOVERNMENT MINISTERIAL DEPARTMENT
ECGD; Export Credit Guarantee Loan; Export and Investment Guarantees Act 1991; Export Credits Guarantee Department; Export Credit Guarantee Department; UKEF
ECGD
Export Credit Guarantee Department
The ECGD of the Department of Industry and Trade is the primary source of official British export credit. The ECGD helps exporters by providing: (a) insurance against the risk of not being paid for exports and (b) guarantees to banks for exporters of capital goods, under which finance can be obtained for export business, often at a favorable rate of interest. Subject to Parliamentary approval, ECDG's short-term underwriting division, the Insurance Service Group, is to be privatized. The medium and long-term underwriting group is introducing a new system for assessing premiums which will more realistically reflect the risk involved. The Department was originally established in 1919; headquarters are in London, England.
Wikipédia
UK Export Finance
UK Export Finance (UKEF) is the operating name of the Export Credits Guarantee Department (ECGD), the United Kingdom's export credit agency and a ministerial department of His Majesty's Government. It has been awarded the best global export credit agency for 2019. In 1920, UKEF had a maximum total exposure of just £26 million. Today, its maximum commitment stands at £50bn. Recently, the ECGD celebrated its 100th anniversary as the longest running export credit agency in the world.
Exemplos do corpo de texto para ECGD
1. Ministers have still to rule on whether ECGD can enforce its new rules.
2. The ECGD relies on insurance premium payments by large companies to stay in business.
3. It ended at the weekend, but the ECGD is refusing to publish the representations received from commercial interests.
4. Ministers have tried to reform Britain‘s export credits agency, the ECGD, but have been buffeted by lobbying from commercial interests.
5. Meanwhile, in Britain, ECGD officials decided to hand out more aid to KBR, this time in Kazakhstan.