Credendo

Credendo is a public institution whose main mission is to use insurance products to cover the risks of non-payment or breach of contract for companies exporting to distant destinations outside Europe. This gives exporting companies the necessary confidence and the opportunity to explore new international markets.

Credendo operates both on its own and in consortium with banks, other financial partners or insurers.

Missions

Its public mission to support the Belgian economy comprises 4 activities:

Credit insurance for exporting companiesFinancial guarantees for banks that finance exportersFinancing of export transactions up to €8 million, over a maximum period of 5 yearsInsurance for investments abroad

Belgian companies wishing to invest in a foreign subsidiary can also turn to Credendo for insurance cover for their investments. Credendo covers political risks linked to violence, embargoes, expropriation, business interruption, inconvertibility and restrictions on currency transfers, etc.