Question

    ECGC’s revised country risk classification for

    Bangladesh (effective Aug 2024) moved Bangladesh into which risk category?
    A A1 (Very Low Risk) Correct Answer Incorrect Answer
    B B1 (Moderate Low Risk) Correct Answer Incorrect Answer
    C B2 (Moderate Risk) Correct Answer Incorrect Answer
    D C (High Risk) Correct Answer Incorrect Answer
    E D (Very High Risk) Correct Answer Incorrect Answer

    Solution

    ECGC’s circular dated August 7, 2024, revised Bangladesh’s country risk classification from B1 (Moderate-Low risk) to B2 (Moderate risk) for short-term and medium-to-long-term underwriting, changing the classification and corresponding cover guidance. 

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