Export Credit Insurance Corporation of South Africa SOC Ltd (ECIC)
|Postal||PO Box 7075, Centurion, 0046|
|Physical||Block C7 & C8, Eco Origins Office Park, 349 Witch-Hazel Avenue, Highveld Ext 79, Centurion, 0157|
|Tel||012 471 3800|
OverviewThe mission of the Export Credit Insurance Corporation of South Africa SOC Ltd (ECIC) is to facilitate and encourage South African export trade by underwriting export credit loans and investments outside the country, in order to enable South African contractors to win capital goods and services contracts in other countries.
To support this mandate, the ECIC evaluates export credit and foreign investment risks and provides export credit and foreign investment insurance cover on behalf of the government; and underwrites medium and long-term loans, including equity investments for the export of capital goods and services from South Africa. The ECIC extends its services as far as it can, consistent with preserving the financial viability essential to its long-term support of capital goods and services; and provides sound and efficient financial services that contribute to public confidence and comply with international standards.
Through its mission, the Corporation is committed to reaching the strategic goals of the government, namely: acceleration of economic growth; creation and preservation of employment opportunities; and the reduction of economic inequalities.