Country information

EKF’s risk assessment when exporting to Iraq

Country risk classification

The risk classification reflects the risk that a buyer cannot pay due to political risks in the country. The higher the figure, the higher the risk.
 

 
 

EKF's cover policy

 

Credit period
/Buyer
 Guarantees without credit period Up to 1 year 1-5 years More than 5 years
Public buyer Cover of public-sector buyers is subject to sovereign guarantee, i.e. a guarantee from the Ministry of Finance.
Private buyer

​EKF accepts the strongest buyers with a credit rating equivalent to minimum B.

 ​ ​EKF does not provide cover for private buyers – for information on possible cover through the banking market, see the section “Banks”.
Bank EKF only accepts the most solid banks.

Financing through bills of exchange: Not considered - Contact EKF

Guarantees in local currency: Not considered - Contact EKF
 
Banks: EKF only accepts Trade Bank of Iraq
 

 
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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Ane Juul Jonsson

For more information on the country

Contact EKF’s country and bank analyst:
Ane Juul Jonsson
+45 35 46 26 92
ajr@ekf.dk

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