Trade finance news

ONDD changes premiums for Baltic states and Serbia

Last Updated February 05, 2010

Belgium’s ONDD has increased its insurance premiums for political risk associated with medium and long-term export credits for three Baltic states.

Estonia has moved from category 3 to 4 (on a scale from 1 to 7, whereby 7 represents the highest risk). Latvia has moved from 4 to 5 and Lithuania from 3 to 4.

Conversely, premiums have been lowered for Serbia, from category 7 to 6.

The acceptance policy remains unchanged for all of four of these countries.



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