UK Export Finance Performance Highlights 2016 to 2017
UK Export Finance’s activities during the financial year April 2016 to March 2017 and its support for UK exports and exporters.
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Our mission is to ensure that no viable UK export fails for lack of finance or insurance, while operating at no net cost to the taxpayer.
In 2016 to 2017, the amount of support we provided for UK exporters increased by 60% to £3 billion. It was a record year for our direct lending business and one which saw sustained high levels of activity with smaller exporters as well – nearly four in five companies that benefit from UKEF’s support are now small and medium-sized enterprises.
We also pioneered a new approach to bringing business to the UK, using UKEF’s offer of support to create procurement opportunities on major projects to our country, while at the same time working with the UK supply chain to help as many companies as possible realise those opportunities.
Read UK Export Finance’s Annual Report and Accounts 2016 to 2017.
Read our press release: UKEF launches plan to scale up support as 2016/17 results show £3 billion in finance for exports.