Brazilian Guarantees Agency (ABGF)
Last updated on 14 Feb 2024
Key facts
Agency that fosters Brazilian exports, acting as an export credit agency to promote growth, income and job creation.
Quadra 02, Bloco A, nº 190
Edif. Corporate Financial Center
Brasilia, D.F., 70.712-900
Brazil
+55 61 3246 6200/6201
www.abgf.gov.br
Edif. Corporate Financial Center
Brasilia, D.F., 70.712-900
Brazil
+55 61 3246 6200/6201
www.abgf.gov.br
PUBLIC
2013
Credit rating (S&P)
BB-
BB-
Foreign currency
Local currency
Authorizations and country export data
2021 top export sectors
Vegetable products
20%
Minerals
18%
Fuels
14%
Food products
9%
Animal products
7%
2023 export destinations
Financing modalities
`
90%–100%
100%
Products
- Commercial and political risk insurance
- Medium- and long-term cover can have tenors of over 2 years
- Transactions insured for political risk only may have tenors lower than 2 years
- Risk premium charged is based on the OECD MPR calculation
- Structured finance cover is available for the infrastructure, power, oil and gas, ethanol, automotive, and telecommunications sectors
- Performance and payment bonds are offered to military exporters
- Guarantees for infrastructure projects covers, directly, or indirectly, risks in respect of concessions.
- Rural insurance stability funds covers rural operations against force majeure which impact such businesses as agriculture, livestock, aquaculture, forestry, and rural pledge
Policies
- Cover for aircraft transactions is in accordance with the OECD arrangement's aircraft sector understanding
- Works closely with the export credit agencies of other BRICS countries
News
- 2023: Starting in 2023, all new operations within the scope of Export Credit Insurance must be registered through the Siscomex Single Portal
