Country information
Singapore

Singapore

You can find information on cover opportunities for export business in Singapore here.

Country risk classification

Low riskHigh risk
0
1
2
3
4
5
6
7

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.

EIFOs cover policy

Guarantees without credit
Up to 1 year
1-5 years
Over 5 years
Bank
EIFO accepts creditworthy banks.
Public buyer
EIFO accepts guarantees from the Ministry of Finance. EIFO considers cover of other public buyers on a case-by-case basis.
Private buyer
EIFO accepts all creditworthy buyers.
Bank
Public buyer
Private buyer
Other terms of cover

EIFO may approve transactions below DKK 25 million based on a case-by-case assessment regardless of other conditions applying to the country.

Approved with conditions.
Status on bills of exchange
Approved with conditions.
Approved for transactions up to DKK 25 mill. For larger transactions contact EKF.
Guarantees in local currency
Approved for transactions up to DKK 25 mill. For larger transactions contact EIFO.

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

Country Manager Label
Peter Toft
Chief Analyst
Peter Toft