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02.07.2025

New country risk classifications from July 2025

Updated classifications for Bangladesh, Mongolia and Senegal 

The 102nd OECD Country Risk Experts meeting took place last week. At the meeting, SERV’s country experts, together with their colleagues from other export credit agencies, reassessed the country categories.

The following countries have been classified a new country risk category by the OECD Country Risk Experts Group:

Country New classification Previous classification
Bangladesh 6 5
Senegal 6 5
Mongolia 6 7

The SERV Insurance Committee has also redefined Syria’s cover policy. With the Federal Council removing the prohibition on insurance with effect from 20 June 2025, it is now possible to cover business in Syria once again. 

  ST MLT
State Cover by exception
Banks Cover by exception
Private companies Cover by exception

Further information and the full list of country risk classifications can be found on our website under cover policy for countries and banks.