Country information

EKF’s risk assessment when exporting to Philippines

EKF's cover policy towards Philippines

Below-average payment risk As a rule, EKF will cover risks associated with business transactions in the country. EKF will however in some cases impose special requirements on buyers over and above the ordinary minimum criteria for creditworthiness.

Political risk assessment - export

Credit periodCountry risk classification (0-7)Terms of cover
Up to 1 year3
Minimum buyer risk category 4 (CC4)
1-5 years3
Minimum buyer risk category 4 (CC4)
More than 5 years3
Minimum buyer risk category 4 (CC4)
Special guarantees3
Minimum buyer risk category 4 (CC4)

Political risk assessment - investments

Type of guaranteeCountry risk classification (0-5)Terms of cover
Guarantee for equity investments2
Case-by-case decision

Business climate

Moderate business climate The commercial framework conditions in the country are moderate. There may be problems with some aspects of the business climate, including factors that hamper the opportunities for conducting business.

Further information about Philippines

107,668,231 300,000 km22,866 US$

General assumptions for EKF's risk assessments
This information constitutes EKF’s guideline country cover policy at publishing date. The policy is not binding for EKF regarding specific applications for export credit guarantees. Before any commitment is made based on the country cover policy, we recommend contacting EKF for further advice.

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Anne Andreassen

For more information on the country

Contact EKF’s country and bank analyst:
Anne Andreassen
+45 35 46 26 59
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