Cofaces response: Country Risk Rating, providing an outlook on 144 countries specific characteristics regarding country risks.
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Coface’s Country Risk experts assess continuously 144 countries by means of both macroeconomic and microeconomic indicators combined with political key factors. These indicators can be divided into seven subsets:
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Political factors likely to interrupt payment or performance of contracts in progress,
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Risk of a currency shortage resulting from a balance of payments crisis,
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The State's ability to meet its commitments abroad,
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Risk of a sudden devaluation following heavy capital withdrawals,
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Risk of a systemic crisis in the banking sector,
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Cyclical risk, reflecting the likelihood of a slowdown in short-term growth,
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Payment behaviour for short-term transactions.
…. Maximise your benefits of the Country Risk Rating
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The Country Risk Rating can be consulted for free on www.cofacerating.com
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The countries are ranked in seven levels:
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Categories A1till A4 indicate investment grades with few payment risks according to the country’s situation,
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Categories B, C, D indicate countries with a gradual increasing payment risk, thus reflecting a more speculative grade.
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The Country Risk Rating is accompanied by country files, detailing information and trends of each of the countries:
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The country’s strenghts and weaknesses,
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Market opportunities and main key indicators,
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Non-payment trends.
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The Country Risk Rating is complementary to the @rating Credit Opinion.
Country Risk Notation:
Because a company’s ability to honour its commercial commitments, is also affected by the country’s local business, political, and financial outlook.
