HKECIC, Dun & Bradstreet partner to launch Export Credit Risk Index
The index covers five key markets – Canada, China, Germany, the UK, and the US.
The Hong Kong Export Credit Insurance Corporation (HKECIC) and Dun & Bradstreet (D&B) partnered to launch the "HKECIC - D&B Export Credit Risk Index" to support Hong Kong exporters by providing insights and sentiments related to credit risk.
It utilises weighted moving average analysis and evaluates aggregate insurance business data from HKECIC, focusing on key export credit risks indicators such as claim data and payment difficulty data.
The index covers five key markets – Canada, China, Germany, the United Kingdom, and the United States – and spans three specific industries: electrical appliances, electronics, and textiles and clothing.
The collaboration aims to enable exporters to make more prudent and timely business decisions by leveraging comprehensive macro and micro data sources.