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Development Bank replaces COSEC and launches public guarantees and insurance for export credit
Business
Инвестиции

Development Bank replaces COSEC and launches public guarantees and insurance for export credit

Jornal de Negócios1 September 2026 at 00:00

The Portuguese Development Bank launched Fomento Trade, a new service dedicated to export credit insurance and the provision of public guarantees in international operations. This new structure succeeds the role previously performed by COSEC in this area. The transition represents a reorganization of the instruments supporting Portuguese exports, centralizing these functions within the Development Bank. The launch of Fomento Trade aims to maintain and strengthen support for national operators in their international business, ensuring the continuity of export support services in Portugal.

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