It provides customised options for insurance, reinsurance, guarantees, surety and financing related to domestic and international trade transactions or investments abroad.
It protects companies, banks and insurance undertakings against credit and political risks or facilitates the financing of such transactions.
The parent company's official name is Delcredere | Ducroire, but the commonly used brand name is Credendo – Export Credit Agency.
In 1935 the committee is separated from the Ministry and becomes the Belgian Export Credit Agency ‘Office National du Ducroire | Nationale Delcrederedienst’ (ONDD).
In 1939 a complete reorganisation takes place: the agency is transformed into an autonomous public financial body with a state guarantee.