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EFIC releases annual report
28 October 2011
Australian export credit agency EFIC supports $3.4 billion in Australian exports and overseas investments according to 2010-2011 annual report.
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export credit agency
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EFIC
Australia
annual report
EFIC’s annual report, tabled in parliament today, 28 October 2011, states that the export credit agency has supported $593.1 million of transactions for exports and overseas investments valued at over $3.4 billion.
The figures for FY11 up to the end of the financial year, 30 June 2011, equate to around 100 transactions in over 40 countries. Commercial profit for the period was $30.2 million.
Demand for bonding lines from companies involved...
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