Cesce is the leader of a group of companies that offers comprehensive commercial credit management and surety bond and guarantee solutions in part of Europe and Latin America. Cesce is also the Spanish Export Credit Agency (ECA) that manages export credit insurance, and cover of medium and long-term risks of electricity intensive consumers, both on behalf of the State.

Cesce’s mission is to encourage the steady and long term growth of its customers, providing intelligent commercial credit management solutions that cover the entire business value chain – market prospecting, risk management and transfer and access to funding – and surety and guarantee solutions to help them tackle new projects and business ventures.

To honour its public obligation as managers of Export Credit Insurance on behalf of the State with technical rigour, professionalism and strict compliance with applicable regulations, fully geared to support the internationalization process of Spanish companies.

Shareholder composition: 50,25% of its shares are held by the Spanish State, 23,88% Santander Group, 16,3 BBVA Group and the remain 9,57%, insurance and banking groups.

We are specialists in offering comprehensive management of commercial risk and insight for trade credit. Therefore we have designed a business model based on a variable price system that is able to carry out improved control of risks and prevent defaults in an efficient way, offering global solutions designed to satisfy the needs of our clients at different stages of their commercial activity.

We want to consolidate our company as the best support for companies that sell credit to other companies by designing innovative solutions that will also be conceptually and technologically ahead of our competitors, and to become the leading company in the market for quality of service, for the opportunities for professional and personal development we offer our employees and for our commitment to society.

We are currently present in Spain and Portugal and have subsidiaries in Latin America: Brazil, Chile, Colombia, Mexico and Peru. Besides, Cesce owns stakes at the Moroccan company SMAEX.

• 50 years
• More than 140.000 customers
•  1.5 million in risk limits in place on our own behalf
•  More than 3,080 billion euros in insurance issued on behalf of State
• S&P short-term rating A-1 , long-term rating A-

Mr. Fernando Salazar (Chairman and Chief Executive Officer)
Ms. Beatriz Reguero (Chief Operating Officer, State Account Business)
Mr. Manuel Alves (Chief Operating Officer)