HKECIC Introduces Special Enhanced Measures to Support Hong Kong Exporters
The Hong Kong Export Credit Insurance Corporation (HKECIC) announced special enhanced measures to strengthen its support to Hong Kong exporters with a view to helping them combat the rising credit risks caused by the so-called reciprocal tariffs of the US.
Over the years, the HKECIC has been providing timely support to the export community in Hong Kong. In light of the escalating China-US trade conflict, the HKECIC will continue to strengthen its export credit insurance support for Hong Kong exporters and assist them, especially SMEs, in coping with the challenges posed by the turbulent trading environment through special enhanced measures.
The special enhanced measures are as follows
The above special enhanced measures are valid until 30 June 2026 and are applicable to both existing and new policyholders.
The HKECIC continues to adapt to market changes and provide timely support to exporters, helping them cope with challenges and grasp business opportunities. The HKECIC has been proactively implementing the initiatives proposed in the 2024 Policy Address and 2025-26 Budget, including the approval of motion by the Legislative Council on 26 March to raise the maximum indemnity percentage to 95%; offering 20 additional free credit assessment service on the buyers in Mainland China, ASEAN and Middle East; collaborating with various financial institutions to enhance financing support for e-commerce businesses; and providing credit insurance for export services relating to multinational supply chain to render more comprehensive support to enterprises seeking to go global. Meanwhile, the HKECIC has extended the 15% premium discount on the “Online Micro-Business Policy”³ to 30 June 2026.
³“Online Micro-Business Policy” is tailor-made for Hong Kong exporters with an annual turnover of less than HK$30 million.
Hong Kong Export Credit Insurance Corporation
The HKECIC was established in 1966 under the Hong Kong Export Credit Insurance Corporation Ordinance (Chapter 1115). Through the provision of export credit insurance services, the HKECIC protects Hong Kong exporters who trade on credit terms with overseas buyers against non-payment risks and helps them conduct export business in a prudent manner. The HKSAR Government provides a guarantee of HK$80 billion for the HKECIC’s contingent liability.
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