The European Banking Federation presented its position paper to the Organisation for Economic Co-operation and Development consultation on modernising the OECD Arrangement on Officially Supported Export Credits and separately released a joint statement with Business at OECD on the framework's future. The papers argue that government-backed export credit guarantees remain a core safeguard for companies and banks, particularly when entering emerging and developing markets with elevated commercial and political risks. They also call for the OECD Arrangement to adapt to changing market conditions so it remains a practical and effective tool for supporting exports, investment and economic growth. Through its consultation response and cooperation with BIAC, the federation positions itself as contributing to the design of a competitive export credit framework for European businesses.
European Banking Federation2026-06-18
European Banking Federation presents OECD export credit modernization paper and issues joint BIAC statement
The European Banking Federation submitted a position paper to the OECD consultation on modernising the Arrangement on Officially Supported Export Credits and issued a joint statement with Business at OECD. It argues that government export credit guarantees are essential for banks and businesses, especially in riskier emerging and developing markets, and that the OECD framework should be updated to reflect current market conditions.