About Us
The ABGF is a public company created by Decree No. 7,976/2013, with the purpose of managing guarantor funds and providing guarantees for operations with diluted risks in areas of great economic and social interest. It operates under the Ministry of Finance and aims to contribute to the execution of public policies related to fund management and guarantees provided with federal resources.
The ABGF’s main lines of business are:
- Rural Insurance Stability Fund (FESR) Management: In 2022, the ABGF concluded the result calculation for the FESR – 2021. Contributions to the fund amounted to R$ 281.3 million, while indemnities reached R$ 22.78 million. The ABGF aided in maintaining the policy to support the Brazilian agricultural sector, as insurance companies were indemnified in cases where retained claims exceeded premiums received.
- Export Credit Guarantee (ECG): The ABGF provides services to the Union for the operationalization of export credit guarantees funded by the Export Guarantee Fund. It manages the FGE portfolio, and in the years 2020 to 2022, analyzed and forwarded for deliberation operations involving around US$ 2.9 billion, impacting Brazil’s trade balance.
Through these activities, the ABGF plays a crucial role in supporting the growth and development of the Brazilian economy and contributes to the country’s policies aimed at fostering infrastructure, agriculture, and foreign trade.