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CREDENDO

CREDENDO

Founded in: 1921
Joined BU in: 1954
Institution Type: ECA
Other Affiliations: EU , OECD
CREDENDO

aboutAbout us

Present across the European continent and active in all segments of trade credit insurance, Credendo provides a range of products that cover risks worldwide: Belgian export credit agency services, whole turnover short-term credit insurance covering European and non-European risks, single risk, excess of loss, top up, surety and reinsurance. In 2024 Credendo insured international trade worth 81 billion euros. Credendo is the fourth largest credit insurance group in Europe.

For more information, visit www.credendo.com

adress Address details

Email:
bu@credendo.com
Phone:
+32 2 788 88 00
adress Address:
rue Montoyerstraat 3, Brussels, 1000, Belgium

facilitesMajor facilities

✓ Insurance products:
•  Supplier, buyer credits and project finance insurance
•  Unfair calling of bonds to be issued under the insured contracts
•  Cover can be provided in all leading OECD currencies
   Occasionally, non-OECD currencies are eligible for cover
•  Investment insurance


✓ Other products:
• Guarantees
• Forfaiting


✓ Risks covered:
• Pre-shipment risks
• Non-payment risks


✓ Causes of loss covered:
• Political (and similar) risks
• Risks on private or public buyers/banks


✓ Amounts covered:
•  Principal and interest amounts, including interests on arrears during waiting period. Credendo has a flexible attitude towards foreign content.

historyHistory

Founded: 1921
 

riskInstitutional Set up and Mandate

Legal Form Public entity
Relationship with Government Direct ownership
State Guarantee Scheme Indirect guarantee (in favour of the ECA)

contactsMain contact

name job title
Antoine Demey
Antoine Demey
Senior Underwriter
Annelies Huybrechts
Annelies Huybrechts
Senior Underwriter
Credendo Admin
Credendo Admin
Administrator
Nancy De Waele
Nancy De Waele
Risk Management Data Analyst

contactsSenior Management

name job title
Nabil Jijakli
Nabil Jijakli
Group Deputy CEO
Dirk Terweduwe
Dirk Terweduwe
Group CEO
Frank Vanwingh
Frank Vanwingh
Group Deputy CEO