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Titlebook: Export Credit Insurance and Guarantees; A Practitioner‘s Gui Zlatko Salcic Book 2014 Palgrave Macmillan, a division of Macmillan Publishers

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Supplier Credit Cover with the Involvement of Bankse commercial transaction between the exporter and the foreign buyer meets its requirements. Before deciding, the bank assesses the foreign buyer’s ability to pay the credit and the exporter’s ability to perform its obligations under the commercial contract.
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Premiumce is that insurance companies may become insolvent and bankrupt if their financial reserves are insufficient for paying all claims resulting from the insured risks. ECAs cannot become insolvent when their financial reserves are insufficient for paying all claims because they will receive additional funds from the state.
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