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EXIAR and Atradius Credit Insurance to develop strategic partnership

On 8 April 2015, Export Insurance Agency of Russia (EXIAR) and Atradius Credit Insurance N.V. (Atradius) signed a Cooperation Agreement in order to develop a strategic partnership. Through this cooperation, the parties will provide better solutions to their respective current and future customers.

The Agreement is expected to generate new transactions in a wide range of sectors by creating a common risk-sharing platform, imparting experience and expertise in specific markets and countries and boosting EXIAR’s and Atradius’ business operations. For this purpose, the parties will combine and utilize their strengths and opportunities.

On behalf of EXIAR the Agreement was signed by CEO Alexey Tyupanov, on behalf of Atradius by CEO Isidoro F. Unda.

The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in 2011 as an open joint-stock company. EXIAR's mission is to support Russian high-tech exports by insuring export credits against commercial and political risks, as well as Russian investments abroad against political risks. Vnesheconombank is the sole shareholder of EXIAR. The agency's charter capital is RUB 31 billion.

Since November 2014 Eximbank of Russia, a Russian specialized government–owned export–import bank, has been a subsidiary of Russian Agency for Export Credit and Investment Insurance (EXIAR).

Atradius provides trade credit insurance, surety and collections services worldwide through a strategic presence in 50 countries. Atradius has access to credit information on 200 million companies worldwide. Its credit insurance, bonding and collections products help protect companies throughout the world from payment risks associated with selling products and services on trade credit.

Atradius forms part of Grupo Catalana Occidente (GCO.MC), one of the leading insurers in Spain and worldwide in credit insurance. 

External Communications EXIAR