In accordance with the country risk classifications of the OECD Arrangement, Credendo has downgraded Argentina’s and Panama’s premium category for political risks on medium- to long-term export transactions respectively from category 6/7 to 7/7 and from category 3/7 to 4/7 (on a scale from 1 to 7, where 7 represents the highest risk and premium category).
The acceptance policy remains unchanged.

Overview of changes in premium categories