OECD premium categories: Albania, Egypt, Kazakhstan, Uzbekistan upgraded, and Bahrain downgraded
In accordance with the country risk classifications of the OECD Arrangement, Credendo has upgraded Albania, Egypt, Kazakhstan and Uzbekistan’s premium category for political risks on medium- to long-term export transactions from category 6/7 to 5/7 (on a scale from 1 to 7, where 7 represents the highest risk and premium category). However, Bahrain’s premium category has been downgraded from category 4/7 to 5/7.
The acceptance policy remains unchanged.
Overview of changes of premium categories