OECD premium categories: Côte d’Ivoire and Ecuador upgraded; Aruba, Bolivia and El Salvador downgraded
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 Côte d’Ivoire (from 6 to 5 on a scale from 1 to 7 where 7 represents the highest risk and premium category) and Ecuador (from 7 to 6). At the same time, OECD premium categories have been downgraded for Aruba (from 5 to 6), Bolivia (from 5 to 6) and El Salvador (from 5 to 6).
The acceptance policy remains unchanged.
Overview of changes in premium categories: