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ECGC maintains ratings for EU countries

18 February 2010

The Export Credit Guarantee Corporation of India is to maintain its credit risk rating for European countries in danger of sovereign defaults.

Read more: [ECGC India] [ECGC India sovereign defaults]

The Export Credit Guarantee Corporation (ECGC) of India is to maintain its credit risk rating for European countries in danger of sovereign defaults.

ECGC...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010