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Latest news

Risk in the Spotlight

26 Oct 2020

OECD premium categories: Aruba, Bahamas and Suriname downgraded

In accordance with the country risk classifications of the OECD Arrangement, Credendo has downgraded the premium category for political risks on ...

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Risk in the Spotlight

23 Oct 2020

Europe: Recovery threatened by the second wave of covid-19

While Europe is experiencing a second wave of covid-19 infections, many are wondering whether the rebound the European economy enjoyed after easing ...

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Risk in the Spotlight

16 Oct 2020

Lebanon: Political gridlock persists while economy suffers from multiple shocks

Four crises simultaneously affecting Lebanon

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Risk in the Spotlight

15 Oct 2020

Kyrgyzstan: Toward a third revolution since its independence?

Event Violent protests erupted after the contested parliamentary elections held on 4 October. Pro-government parties representing the interest of the ...

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Press article

09 Oct 2020

Credendo – Excess & Surety assigned first-time A- rating by S&P, with stable outlook | 08/10/2020

S&P Global Ratings assigned for the first time an A- financial strength rating to Credendo – Excess & Surety. Specialised in international ...

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Risk in the Spotlight

07 Oct 2020

Zambia: The debt-strapped government is headed towards default

Event Last week, the Zambian government requested debt service relief from its (banking) commercial creditors and a six-month interest payment delay ...

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Risk in the Spotlight

30 Sep 2020

Azerbaijan and Armenia: Violence flared up again in the self-proclaimed Republic of Nagorno- Karabakh

Event Violence flared up in the self-proclaimed Republic of Nagorno-Karabakh where Armenia and Azerbaijan blame each other for breaking out the ...

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Risk in the Spotlight

23 Sep 2020

Oil and gas sector: Covid-19 will affect oil and gas prices even in the medium to long term

While the oil and gas industry had already been weakened a few years ago by the steep decline in oil prices that had started mid-2014 and made prices ...

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Risk in the Spotlight

22 Sep 2020

Short-term political risk: Cyprus (North), El Salvador, Guatemala and Paraguay

In the framework of its regular review of short-term (ST) political risk classifications, Credendo has downgraded four countries (North Cyprus, El Salvador, Guatemala and Paraguay).

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Corporate news

17 Sep 2020

S&P Global Ratings published its rating update on Credendo – Single Risk

On 16 September 2020, S&P Global Ratings affirmed Credendo – Single Risk’s 'A-' rating and revised the outlook from negative to ...

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