1 / 26

SINOSURE AND EXPORT CREDIT INSURANCE

tania
Download Presentation

SINOSURE AND EXPORT CREDIT INSURANCE

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

    1. SINOSURE AND EXPORT CREDIT INSURANCE

    4. Founded on December 18, 2001 Only Officially supported Export Credit Insurance Agency in China,like US EXIM Bank, but not provide loan Wholly Owned by the Chinese Government (Ministry of Finance)

    7. D.Nationwide Network

    9. E.Overseas Network Representative office in the U.K. Member of International Union of Credit and Investment Insurers Close cooperation with other Export Credit Agencies,including Euler-Hermes,Coface,US EXIM Bank 28 credit rating channels worldwide

    11. A.Export Credit Insurance B.Underwriting Risks 2.Export Credit Insurance and Its underwriting risks

    12. A.Export Credit Insurance Export Credit Insurance provides insured exporters guarantee of trade receivables when they export goods, service,technology and capital

    13. B.Underwriting risks Commercial risks----Buyer risks • Bankruptcy or inability to pay • Default payment • Repudiation of goods

    14. Political risks----Country risks • Restrictions or prohibitions of foreign exchange payment • Restrictions or prohibitions on import transactions • Cancellation of an import license • Protracted payment by government • War,revolution or similar events B.Underwriting risks

    15. 3.Major Functions of Export Credit Insurance

    16. To help exporters adopt flexible payment terms and expand export To provide finance facilities To manage account receivables and set up risk management mechanism To make compensation and guarantee the stability of business operations

    23.

    25. 5?Who are Applicable All Enterprises with Foreign Trade Rights in China Solely Foreign Funded Firms Joint Ventures State Owned Enterprises Private Companies

More Related