EGFI Reports 43% Growth in Export Guarantee Demand

The latest report on the performance of Export Guarantee Fund of Iran, the country's state-owned export credit agency, indicates growth in export credit coverage for Iranian exporters of non-oil goods and commodities in the past 10 months.
The press release published on EGFI's website announced that the fund has issued $3.06 billion worth of export guarantees during March 20-Dec. 20, 2020. This indicates a 43% growth compared with the total worth of export coverage during the corresponding period of last year. 
The growth in demand for export finance services has considerably increased during the last two months of the period under review.