OECD premium categories: Botswana, Costa Rica, Ecuador, Hong Kong, Maldives, Mongolia and Namibia downgraded

6/07/2020

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In accordance with the country risk classifications of the OECD Arrangement, Credendo has downgraded the premium category for political risks on medium- to long-term export transactions for Botswana (from 2 to 3, on a scale from 1 to 7 where 7 represents the highest risk and premium category), Costa Rica (from 3 to 4), Ecuador (from 6 to 7), Hong Kong (from 2 to 3), Maldives (from 6 to 7), Mongolia (from 6 to 7) and Namibia (from 5 to 6).

The acceptance policy remains unchanged.

Overview of changes in premium categories 
 

6/07/2020

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