Country information

EKF’s risk assessment when exporting to Cyprus


EKF's cover policy towards Cyprus

Above-average payment risk EKF covers only the risks associated with business transactions in the country if the buyers meet a number of stringent requirements that limit EKF's risk liability. The payment risk may however be so high for certain types of business transactions that EKF does not wish to engage in them.

Political risk assessment - export

Credit periodCountry risk classification (0-7)Terms of cover
Up to 1 year0
Reduced cover due to EU rules
Special terms of cover
Public buyers: Off cover
1-5 years0
Reduced cover due to EU rules
Public buyers: Off cover
Special terms of cover
More than 5 years0
Public buyers: Off cover
Special terms of cover
Special guarantees0
Public buyers: Off cover
Special terms of cover

Political risk assessment - investments

Type of guaranteeCountry risk classification (0-5)Terms of cover
Guarantee for equity investmentsContact EKF 

Business climate

Good business climate The commercial framework conditions in the country are sound. There may be moderate problems with individual aspects of the business climate, but the overall impression is positive.

Further information about Cyprus

POPULATION AREA GDP PER CAPITA
1,172,458 9,251 km226,115 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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Lynge Gørtz Smestad

For more information on the country

Contact EKF’s country and bank analyst:
Lynge Gørtz Smestad
+45 35 46 27 11
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