Uk Export Finance
Below you can find an indication of our current cover policy and risk appetite for each country or territory. The information is for guidance only. The details given here may change at any time, and no commitment on our part can be assumed or inferred. The information given in no way commits us to providing cover for a particular contract.
Market Risk Appetite
For foreign exchange earning projects with robust financing structures and strong risk mitigants, UKEF may be able to exceed the market risk appetite specified. We make these decisions on a case by case basis.
The cover indications are not indicative of the nature of the risks of doing business in any individual country or territory. They should not be taken to mean that doing business in the country or territory in question is risk free, and you should carry out your own due diligence.
You should contact our customer serviceteam if you:
- have a business enquiry
- want more information
- wantto find out where overseas investment insurance cover may be available
- wish to find out more about our cover position on any country or territory
Contact us
Customer service
Email customer.service@ukexportfinance.gov.uk
Telephone +44 (0)20 7271 8010
A to Z list of country or territory cover policies and indicators
Afghanistan
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | We are not able to offer any cover | No | No | Not applicable |
Subject to sustainable lending criteria.
Albania
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | 4 billion to 5 billion | Yes | Yes | Two |
Algeria
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | At least 5 billion | Yes | Yes | Two |
Subject to Care on Location.
American Samoa
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | Case by case | Yes | Contact us | One |
We would need to conduct a country review to consider any medium or long-term cover.
Andorra
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | 500 million to 1 billion | Yes | Yes | Two |
Angola
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | Contact us | Yes | Yes | Two |
For cash or short term cover we would expect payments to be secured by an irrevocable letter of credit or equivalent security.
Anguilla
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | Case by case | Yes | Contact us | One |
We would need to conduct a country review to consider any medium or long-term cover.
Antigua and Barbuda
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | Off cover | No | No | Not applicable |
Argentina
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | Case by case | Contact us | Contact us | Contact us |
For cash or short term cover we would expect payments to be secured by confirmed irrevocable letter of credit or equivalent security.
For medium or long term cover we can only consider providing support for foreign exchange-earning projects.
We are also willing to look at medium/long term business involving the Andean Development Corporation (Corporacion Andina de Fomento).
We can also consider business where the Central American Bank for Economic Integration (CABEI) acts as borrower or guarantor.
Armenia
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | 3 billion to 4 billion | Yes | Yes | Two |
For cash or short term cover we would expect payments to be secured by irrevocable letter of credit or equivalent security.
Subject to Care on Location.
For medium/long term business, we are willing to consider Local Currency Financing.
Aruba
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | 500 million to 1 billion | Yes | Yes | Two |
Australia
| Market risk appetite | Cash or short term cover | Medium or long term cover | Consensus category | |
|---|---|---|---|---|
| Cover policy | At least 5 billion | No | Yes | One |
Due to obligations arising under UK international Trade Agreements, we are prohibited from supporting credit insurance business through UKEFs Export Insurance Policy (EXIP) with a horizon of risk of less than 24 months.
For medium/long term business Local Currency Financing is available.