EXIAR and RNRC: Support for Russian exports in 2022

Andrey Aleksandrovich Bondarenko and Andrey Vladimirovich Fedorov
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Andrey Aleksandrovich Bondarenko: Russian Foreign Trade Academy, Moscow, Russia
Andrey Vladimirovich Fedorov: JS Russian National Reinsurance Company, Moscow, Russia

Russian Foreign Economic Journal, 2023, issue 5, 43-52

Abstract: Trade credit insurance is critically important for any modern national economy to operate smoothly, as well as to conduct efficiently foreign trade activities. Up until early 2022, subsidiaries of international credit insurers provided the bulk of insurance coverage for Russian trade loans. The Russian state-owned financial institutions – Russian Agency for Export Credit and Investment (EXIAR) and Russian National Reinsurance Company (RNRC) – managed to replace shortly the departed Western companies, not only by supporting current business, but also by promoting further development of Russia’s foreign trade.

Keywords: trade credit; trade credit insurance; Russian Export Center; EXIAR; Russian National Reinsurance Company; RNRC (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2023_05_43-52

DOI: 10.24412/2072-8042-2023-5-43-52

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