History

Development Council issued Resolution to form an Export Promotion Unit under the umbrella of Oman Development Bank.

- MOUs with commercial bank in place, issuance of first policies to exporters
- Commencement of operations of Export Credit Insurance Services under the name of Export Guarantee & Financing Unit (EGFU)

Credit insurance activities and bills discounting through post shipment financing scheme through commercial banks extended to Omani exporters

Executed Line of Credit Agreement for US$ 10 million with Arab Trade Financing Programme (ATFP) an affiliate of the Arab Monitory Fund for refinancing Omani exporters. Fully paid back.

Signed Reinsurance Treaty with International Lead Reinsurers

Joined Credit Alliance Network under the auspices of Coface, France

Hosted meeting of National Export Credit Agencies of Arab Countries in Muscat, Oman in coordination with the Inter-Arab Investment Guarantee Corporation.

- Introduction of Pre-shipment Credit Guarantee Scheme to commercial banks
- Name amended to Export Credit Guarantee Agency (ECGA)

Joined Prague Club as Observer

- Became fully-fledged member of Prague Club under auspices of Berne Union
- Hosted the first regional Meeting of Africa-Middle East of Credit Alliance in Muscat

- MOU signed with The Export Guarantee Fund of Iran
- Certificate of Merit presented to the General Manager of ECGA by Credit Alliance
- ECGA transformed into independent closed held company

- D‌omestic‌ ‌credit‌ ‌insurance‌ ‌policies‌ ‌are‌ ‌issued‌ ‌
- MOU‌ ‌signed‌ ‌with‌ ‌the‌ ‌Slovene‌ ‌Export‌ ‌Corporation‌ ‌(SEC)‌ ‌of‌ ‌Slovenia‌
- Domestic‌ ‌Credit‌ ‌Insurance‌ ‌obtained‌ ‌reinsurance‌ ‌endorsement‌ ‌from‌ ‌the‌ ‌ international‌ ‌reinsurers‌

- MOU signed with Saudi Export Program of the Saudi Fund for Development
- MOU signed with Exim Bank of Thailand

- MOU signed with Jordan Loan Guarantee Corporation
- MOU signed with State Insurance Cooperation for the Insurance of Export Credit & Investment of Kazakhstan
- Awarded with "Public Service Initiative Award 2004"

ECGA hosted Prague Club Meeting and workshop of the Berne Union in Muscat

- MOU signed with Bank Sohar SAOG
- MOU signed with the Export Credit Agency of Bulgaria (BAEZ)
- MOU signed with the Eximgarant of the Republic of Belarus

- MOU signed with Ahli Bank SAOG
- MOU signed with Oman Development Bank
- MOU signed with the Arab Investment and Export Credit Guarantee Corporation (AIECG)

- Cooperation Agreement signed with Export Credit Insurance of Emirates (ECIE)
- Became a member of Aman Union
- Became a member of ADFIAP
- General Manager is elected as Chairman of Prague Club

Cooperation Agreement signed with Islamic Corporation of Investment & Export Credit (ICIEC)

20 year anniversary celebrated

- MOU signed with Exim Bank of Malaysia
- Facultative Reinsurance Agreement signed with Dhaman
- Cooperation Agreement signed with Export Credit Insurance of Greece (ECIO of Greece)

- Export Credit Guarantee Agency of Oman building completed
- Latest technological system launched, based on Oracle 11

- MOU signed with PEIE
- MOU signed with Al-Raffd Fund
- ECGA of Oman moved to its newly constructed building at the Airport Heights

- Participated in the Credit Trade and Risk Insurance Forum in Dubai
- Participated in the Prague Club meeting
- Participated in the Omani trade delegation, visiting Turkey
- The Sultanate of Oman, represented by Credit Oman, participates in the Prague Club meeting in China
- The Sultanate of Oman hosts the sixth Aman Union meeting

- Participated in the Oman Plast International Exhibition
- Join the working team to merge the Prague Club and Berne Union, in Finland
- Participated in the Executive Council of the Aman Union in Saudi Arabia
- Participated in the "OPEX" exhibition in the Republic of Iran

- Signed partnership agreement with Orpic
- Participated in the Fourth International Exhibition for the Plastic Industries
- Signed an agreement with ICIEC to encourage foreign investment in Oman
- Celebrate 25th anniversary and launch new brand identity
- Signed a cooperation agreement with Qatar Chamber, for information sharing
- Organize the Investment Insurance Forum
- Signed an agreement with Oman Center for Governance and Sustainability
- Signed a cooperation agreement with Kamiji Ramdas in the field of insurance

- Signed an agreement with Recovery Advisers
- Participated in the International Conference on Finance and Credit in Germany
- Signed an agreement with the Iranian Export Guarantee Fund
- Create a joint program with Athraa to expand the reach of Omani products
- Host workshop to review the foundations of international trade
- Organize a course for the Aman Union members
- Participated in the exhibition of Omani products in Kenya
- Participated in the Omani Exports Week

- The Sultanate of Oman hosts the specialist meeting for Prague Club members
- The Sultanate of Oman hosts the tenth annual Aman Union meeting
- Participated in the Berne Union meeting in India

- Signed a cooperation agreement with Mala'a
- Participated in a conference on the effects of COVID-19 on investment insurance and export credit
- Signed an agreement with Nama Shared Services to develop a credit insurance system