Export Credit Guarantees
(asked on 7th September 2021) - View Source
Question to the Department for International Trade:
To ask the Secretary of State for International Trade, what was the value of outstanding loans to private sector bodies guaranteed by UK Export Finance at the end of (a) 2015-16 financial year, (b) 2016-17 financial year, (c) 2017-18 financial year, (d) 2018-19 financial year, (e) 2019-20 financial year, (f) 2020-21 financial year and (g) August 2021.
The value of outstanding loans / facilities to private sector bodies guaranteed / directly funded by UK Export Finance (UKEF) was as follows:
Financial Year | Business issued (£ millions) |
2015/16 | 1,590 |
2016/17 | 1,120 |
2017/18 | 1,766 |
2018/19 | 1,828 |
2019/20 | 2,806 |
2020/21 | 9,614 |
2021/22 (to 31 July 2021) | 684 |
The figures quoted represent the UKEF’s Maximum Liability in respect of the transactions (i.e. the sums that UKEF has guaranteed) rather than the total value of the loans.