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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.

Read more: export credit agency eca 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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