Business news from Ukraine

Business news from Ukraine

ECA provided export insurance worth over UAH 5 bln

16 May , 2025  

The Export Credit Agency (ECA) insured foreign economic contracts of 33 Ukrainian enterprises in January-April 2025, thus securing UAH 5.35 billion in future export revenues, according to the website of the Ministry of Economic Development and Trade.

It is emphasized that during the same period last year, the volume of supported exports amounted to 1.7 billion hryvnia.

“This growth indicates that businesses see the effectiveness of this protection tool. Insurance of export contracts has enabled manufacturers to reduce the risk of non-payment and gain access to bank financing. This helps companies scale up production and enter new markets,” said Deputy Minister of Economy of Ukraine Andriy Telyupa.

During this period, the most active exporters were companies from Lviv (UAH 1.37 billion), Khmelnytskyi (UAH 1.31 billion), and Volyn (UAH 1.12 billion) regions. Ukrainian companies exported furniture, food products, wood, wood products, and processed fruit and vegetables to Poland, the Netherlands, Lithuania, Estonia, the United Kingdom, and other countries.

The largest partners of the ECA among banks during this period were: Creditwest Bank – UAH 109 million in loans issued, Oschadbank – UAH 92.5 million, and Ukrgasbank – UAH 90 million.

The Export Credit Agency of Ukraine (ECA) is a state institution that supports non-raw material exports by insuring the risks of enterprises and banks. The agency insures foreign economic contracts, export credits, bank guarantees, and investment credits against military risks.

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