Company Information

Get to know Credendo

Credendo is a European credit insurance group with a strong presence across the continent, offering a comprehensive range of products to protect companies against credit and political risks. Its history dates back to 1939 with the establishment of the Belgian public credit insurer, Office national du Ducroire (ONDD). Today, as a group, Credendo provides services including trade credit insurance, single-risk insurance, excess of loss policies, surety bonds, and reinsurance. Its mission is to facilitate trade by securing transactions for businesses of all sizes, from SMEs to large multinationals, enabling them to operate safely both domestically and internationally.

Industry

Financial InsurancePRIMARY
Financial Other Service

Contact

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Credendo

Belgium

Founded in

1921 (105 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.