Function: I.R. of Iran’s official Export Credit Agency (ECA)
Legal nature: 100% Government-owned Company
Date of Establishment: 1973 – 1994 (re-establishment)
Capital: USD 500 million
Vision: Turning to the best, most professional and effective ECA in South West Asia
Major Services: Insurance Policies & Guarantees
Number of Employees: 124
Chairman and CEO: Mrs. Afrouz Bahrami
Export Guarantee Fund of Iran (EGFI), was established in 1973, as the first “Export Credit Agency” (ECA) of “Middle East and North Africa” (MENA) region. Then after a period of inactivity, it was re-established in 1994 as a legally and financially independent entity, 100% state-owned, and affiliated to Ministry of Industry, Mine, and Trade of Iran, with the purpose of supporting, developing and promoting Iran’s Non-oil exports through providing Iranian exporters with a) export credit policies to cover the major political & commercial risks involved in their export operations; b) Credit guarantees to help them meet their financial requirements.