<h1>ECGC Achieves 5% Profit Growth, Declares Rs. 72.5 Crore Dividend, Boosts MSME Export Support Despite Lower Premiums.</h1> ECGC declared a dividend of Rs. 72.5 Crores and recorded a 5% increase in profit before tax, amounting to Rs. 407 Crores, despite reducing premium rates by 17%. It supported 15% of India's merchandise exports in 2016-17, with 85% of this support directed towards MSME exporters. ECGC's efforts to boost exports to Africa resulted in a 15% growth in coverage despite a 5% decline in exports to the region. The organization won the Best ECA Award by Trade and Forfaiting Review for 2017. ECGC also manages the NEIA Trust, supporting 76 contracts valued at Rs. 35,000 Crores across 29 countries.