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: Mr. Seyed Kamal Seyed Ali

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.