Company profile
Nigerian Export Import Bank - NEXIM
#Tradepolicybank
- Industry
- International Trade and Development
- Employees
- 240
- Founded
- 1991
Nigerian Export Import Bank - NEXIM company summary
Nigerian Export Import Bank - NEXIM is a company in the International Trade and Development industry, founded in 1991. On LinkedIn the company has around 240 employees.
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About Nigerian Export Import Bank - NEXIM
The Nigerian Export-Import Bank (NEXIM) was established by Act 38 of 1991 as an Export Credit Agency (ECA) with a share capital of N50, 000,000,000 (Fifty Billion Naira) held equally by the Federal Ministry of Finance Incorporated and the Central Bank of Nigeria. The Bank which replaced the Nigerian Export Credit Guarantee & Insurance Corporation earlier set up under Act 15 of 1988, has the following main statutory functions: – Provision of export credit guarantee and export credit insurance facilities to its clients. Provision of credit in local currency to its clients in support of exports. Establishment and management of funds connected with exports. Maintenance of a foreign exchange revolving fund for lending to exporters who need to import foreign inputs to facilitate export production. Provision of domestic credit insurance where such a facility is likely to assist exports. Maintenance of a trade information system in support of export business. The Bank presently provides short and medium term loans to Nigerian exporters. It also provides short term guarantees for loans granted by Nigerian Banks to exporters as well as credit insurance against political and commercial risks in the event of non-payment by foreign buyers. The Bank is also the government’s National Guarantor under the ECOWAS Inter-state Road Transit programme
Compare companies similar to Nigerian Export Import Bank - NEXIM
More companies in International Trade and Development.
| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
Nigerian Export Import Bank - NEXIM neximbank.com.ng | International Trade and Development | 240 | 1991 | - |
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 International Monetary Fund imf.org | International Trade and Development | 7,847 | 1945 | Washington, DC |
 Mitsui & Co., Ltd. mitsui.com | International Trade and Development | 5,800 | - | Chiyoda-ku, Tokyo |
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| International Trade and Development | 26,235 | - | Bonn, NW | |
 Asian Development Bank (ADB) adb.org | International Trade and Development | 8,653 | 1966 | Mandaluyong, Metro Manila |
 World Trade Organization wto.org | International Trade and Development | 1,320 | 1995 | Geneva, Geneva |
 Ministry of Investment misa.gov.sa | International Trade and Development | 1,711 | 2000 | Riyadh, ArRiyadh |
 FHI 360 fhi360.org | International Trade and Development | 8,669 | 1971 | Durham, NC |
 QIMA qima.com | International Trade and Development | 2,111 | 2005 | Hong Kong, Kwun Tong |
Frequently asked questions about Nigerian Export Import Bank - NEXIM
What does Nigerian Export Import Bank - NEXIM do?
The Nigerian Export-Import Bank (NEXIM) was established by Act 38 of 1991 as an Export Credit Agency (ECA) with a share capital of N50, 000,000,000 (Fifty Billion Naira) held equally by the Federal Ministry of Finance Incorporated and the Central Bank of Nigeria. The Bank which replaced the Nigerian Export Credit Guarantee & Insurance Corporation earlier set up under Act 15 of 1988, has the following main statutory functions: – Provision of export credit guarantee and export credit insurance facilities to its clients. Provision of credit in local currency to its clients in support of exports. Establishment and management of funds connected with exports. Maintenance of a foreign exchange revolving fund for lending to exporters who need to import foreign inputs to facilitate export production. Provision of domestic credit insurance where such a facility is likely to assist exports. Maintenance of a trade information system in support of export business. The Bank presently provides short and medium term loans to Nigerian exporters. It also provides short term guarantees for loans granted by Nigerian Banks to exporters as well as credit insurance against political and commercial risks in the event of non-payment by foreign buyers. The Bank is also the government’s National Guarantor under the ECOWAS Inter-state Road Transit programme
How many employees does Nigerian Export Import Bank - NEXIM have?
Nigerian Export Import Bank - NEXIM has around 240 employees on LinkedIn.
When was Nigerian Export Import Bank - NEXIM founded?
Nigerian Export Import Bank - NEXIM was founded in 1991.
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