COTUNACE
Last updated on 27 Feb 2024

Key facts


Compagnie Tunisienne pour l'assurance du commerce extérieur offers insurance products designed to protect Tunisian companies against outstanding payment risks and market disruption due to the commercial and non-commercial risks inherent to international trade.

14 Rue Borjine (ex 8006) 1073
Montplaisir
Tunisia

+ 216 71 908 600

www.cotunace.com.tn
PUBLIC
1985
Credit rating (sovereign) (Fitch)
CCC-
CCC-
Foreign currency
Local currency

Country trade data


2021 top export sectors

Machinery/electrical
30%
Textiles and clothing
16%
Fuels
7%
Vegetable products
7%
Chemicals
7%

2022 export destinations

Europe

78 %

Africa

10 %

Asia

8 %

Americas

4 %

Financing modalities


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Products


  • Resident or non-resident companies exporting goods and services to private purchasers, payable with a credit not exceeding 180 days may benefit from this insurance
  • TASDIR insurance: Export credit insurance policy
  • MABI3ATI insurance: Export and domestic credit insurance policy
  • ESSALAMA insurance: Domestic sales insurance
  • CAMEX insurance: Export multirisk insurance
  • Resident or non-resident companies exporting an annual turnover not exceeding TND 400,000 may benefit from this insurance
  • The SCI covers exports of goods or services to private purchasers payable with a credit not exceeding 180 days
  • Range of guarantees to facilitate corporate financing at both pre- and post-shipment phases of the export process
    • The Disruption Market Insurance and Dhamen Finance guarantee serve as bank collaterals at the pre-shipment phase
    • Regarding outstanding payments on insurance policies, they may receive the benefit at post-shipment phases—in order to facilitate the insured party at the mobilization of their overseas claims, COTUNACE provides in all its insurance contracts the possibility to sign compensation right session riders to one or several banks
  • Bond guarantees
  • Investment insurance (political risk)
  • Debt collection assistane

News


  • 2023: Signature of a privileged partnership agreement between COTUNACE and Cepex
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