22 Mar 2017
China: Future stability clouded by the domestic debt bubble
We are about to see a changeover of the majority of the Chinese Communist Party leadership. However, political continuity will be maintained with Xi ...
Case video: Contract surety bonds
As a construction group operating in 67 countries, TPF has customers with very different requirements. CEO Thomas Spitaels explains how Credendo’s surety bonds helped his company win a one-in-a-million contract in Poland.
Country risk modifications - March 2017
In the framework of its regular review of short-term political risk classifications, Credendo has upgraded six countries (Guyana, Malaysia, ...
Case video: Tailor-made cover
Bérengère Ménart, CEO of Ménart, tells about how her company benefits from Credendo’s tailor-made cover in the realisation of their activities, being able to offer their clients very flexible payment terms.
Mongolia: IMF bailout and creditors’ multibillion package to avoid a public debt default
A 3-year IMF ‘Extended Fund Facility’ of USD 440 m has been reached with Mongolia and is to be approved by the IMF’s Executive Board this ...
Saudi Arabia: Pushing through further reforms
The cabinet of Saudi Arabia has agreed on the introduction of a VAT tax, showing the country’s willingness to develop alternative sources of ...
Senegal: ST political risk downgrades on the back of sharply deteriorated external liquidity, CFA franc devaluation issue rekindled
Credendo has revised upwards the highest short-term political risk rating for CFA franc zone members (see table) from 4 to 5 and downgraded ...