EKF’s risk assessment when exporting to Armenia


EKF's cover policy towards Armenia

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 year6
Special terms of cover
Minimum buyer risk category 1 (CC1)
1-5 years6
Special terms of cover
Minimum buyer risk category 1 (CC1)
More than 5 years6
Special terms of cover
Minimum buyer risk category 1 (CC1)
Special guarantees6
Special terms of cover
Minimum buyer risk category 1 (CC1)

Political risk assessment - investments

Type of guaranteeCountry risk classification (0-5)Terms of cover
Guarantee for equity investments5
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 Armenia

POPULATION AREA GDP PER CAPITA
3,060,631 29,743 km23,121 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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Peter Toft

For more information on the country

Contact EKF’s country and bank analyst:
Peter Toft
+45 35 46 26 53

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