OECD premium categories: Aruba, Cabo Verde, Costa Rica, Jamaica and Paraguay upgraded
In accordance with the country risk classifications of the OECD Arrangement, Credendo has upgraded the premium category for political risks on medium- to long-term export transactions for Aruba (from 5 to 4 on a scale from 1 to 7, where 7 represents the highest risk and premium category), Cabo Verde (from 6 to 5), Costa Rica (from 4 to 3), Jamaica (from 6 to 5) and Paraguay (from 5 to 4).
The acceptance policy remains unchanged.
Overview of changes in premium categories
Upgrades | From | To |
Aruba | 5 | 4 |
Cabo Verde | 6 | 5 |
Costa Rica | 4 | 3 |
Jamaica | 6 | 5 |
Paraguay | 5 | 4 |