Dun & Bradstreet and Hong Kong Export Credit Insurance Corporation Join Forces to Mitigate Export Risk Through Launch of "HKECIC-D&B Export Credit Risk Index"

HONG KONG, Jan. 4, 2024 -- Dun & Bradstreet (D&B), a leading global provider of business decisioning data and analytics, today announced the launch of "HKECIC - D&B Export Credit Risk Index", alongside the Hong Kong Export Credit Insurance Corporation (HKECIC) to support Hong Kong exporters to better understand industry sentiments, insights and assist more prudent and timely business decisions. This enables local exporters to leverage reliable and comprehensive macro and micro data sources and cross-analysis provided by HKECIC and D&B.

Mr Terence Chiu, Commissioner, HKECIC (left) and Mr Andrew Wu, General Manager, Dun & Bradstreet China (right)

(From left) Dr Dennis Ng W.P., SBS, BBS, MH, Advisory Board Chairman, HKECIC; Mr Andrew Wu, General Manager, Dun & Bradstreet China; Mr Terence Chiu, Commissioner, HKECIC and Ms Beth Wu, Manager, Data Science and Risk Analytics, Dun & Bradstreet China

The team of HKECIC and Dun & Bradstreet

Mr Terence Chiu, Commissioner, HKECIC, said: "Hong Kong exporters had been facing hard times in recent years. In view of the geopolitical complexity and a more volatile global trade environment, we are glad to have Dun & Bradstreet as a partner in leveraging our data sources, including claim and payment difficulty data for cross analysis. The Index can provide insights and support Hong Kong exporters in strengthening their risk management. In addition, HKECIC will continue to support Hong Kong exporters in exploring new overseas markets, lowering trading risk, and reducing operating costs."

Mr Andrew Wu, General Manager, Dun & Bradstreet China, said: "We are delighted to announce our collaboration with HKECIC in launching this inaugural index, which integrates global macro risk analysis with export credit insurance business data. This index will enable Hong Kong exporters to gain a better understanding of industry sentiment and insights, as well as assist them in making more prudent and timely decisions. Dun & Bradstreet will continue to combine global data with local insights to help organizations of all sizes to make smarter decisions. "

The HKECIC-D&B Export Credit Risk Index is meticulously crafted by leveraging data and insights from both HKECIC and D&B. It employs weighted moving average analysis and evaluates aggregate insurance business data from HKECIC, focusing on two key export credit risk indicators – claim data and payment difficulty data. Additionally, this index represents a comprehensive macroeconomic overview curated by a team of D&B country and region intelligence experts, economists and data specialists. Their insights span across nine distinct perspectives: short- and long-term economic outlooks, market potential, business regulatory environments, political insecurity, expropriation, foreign exchange, transfer, and business continuity.

This index covers five key markets: Canada, Mainland China, Germany, the United Kingdom, and the United States. Within each market index, it is further delineated across three specific industries, namely Electrical Appliances, Electronics, Textiles & Clothing. This meticulous approach ensures a nuanced and detailed assessment of export credit risks across diverse markets and industries.

About Dun & Bradstreet

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. We combine global data with local insights to help our clients to make smarter decisions. For details, please visit www.dnb.com.hk

About HKECIC

HKECIC was established in 1966 under the Hong Kong Export Credit Insurance Corporation Ordinance (Chapter 1115). Through the provision of export credit insurance services, HKECIC protects Hong Kong exporters who trade on credit terms with overseas buyers against non-payment risks and helps them conduct export business in a prudent manner. The HKSAR Government provides a guarantee of HK$55 billion for HKECIC's contingent liability.

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鄧白氏與香港出口信用保險局攜手推出「香港信保局 - 鄧白氏出口信用風險指數」以降 低出口風險

香港2024年1月4日 / -- 全球領先的商業决策數據與分析服務供應商鄧白氏商業資料(香港)有限公司 (鄧 白氏）今日宣佈與香港出口信用保險局（香港信保局）共同發佈聯合指數「香港信保局 - 鄧白氏出口信用風險指數」，用以支持香港出口商，使之更瞭解行業觀點和洞察 分析，並協助這些公司作出更加明智而且及時的商業决策。這讓本地出口商可有效利 用由香港信保局和鄧白氏提供的可靠、全面的宏觀和微觀數據來源及相關交叉分析。

香港信保局- 鄧白氏出口信用風險指數」是根據香港信保局和鄧白氏的數據及分析精心設計而成。該 指數融合了鄧白氏專有的全球市場商業數據和香港信保局提供的保險業務資料，採用加 權移動平均分析法，重點分析索償風險及付款困難風險這兩個主要風險指標。此外，鄧 白氏的經濟學家和研究團隊也在設計該指數時涵蓋了多個宏觀經濟指標。他們的分析涵 蓋九個不同範疇：短期和長期經濟前景、市場潛力、商業監管環境、政治安全性、被沒 收資產風險、外匯、轉移和業務營運持續續性等等。該指數覆蓋加拿大、中國大陸、德 國、英國和美國五大主要市場。在每個市場指數中，又進一步劃分了三個具體行業，即 電子用具、電子設備，以及紡織品與服裝。分析方法以達至這樣細緻的程度，目的為確 保對不同市場和行業的出口信貸風險作出精確細緻的評估。

（左）香港信保局總監趙民忠先生(右) 鄧白氏中國區總裁吳廣宇先生

（左起）香港信保局諮詢委員會主席吳宏斌博士, SBS, BBS, MH、鄧白氏中國區總裁吳廣宇先生、香港信保局總監趙民忠先生及鄧白氏中國數據科學經理武斌女士

香港信保局及鄧白氏團隊

香港信保局總監趙民忠表示：「過去數年，香港出口商面對著不少困難。 鑑於地緣政治局勢複雜及全球貿易環境更為波動，我們很高興能與鄧白氏作合作，利用我們提供的賠償和付款困難數據進 行交叉分析，透過該指數提供的觀點，協助香港出口商加強風險管理。香港信保局亦將繼續支持香港出口商開拓海外市場、 降低貿易風險及減低營運成本。」

鄧白氏中國區總裁吳廣宇表示：「鄧白氏很榮幸與香港信保局合作發布首 個將全球宏觀風險分析與出口信用保險業務資料結合的指數，為市場決策提供參考。該指數將幫助香港出口商更了解產業景 氣和洞察分析，並協助這些公司作出更加審慎而且及時的商業决策。未來，我們將繼續將全球數據與本地數據及分析相結合 ，幫助各種規模的公司做出更明智的決策。」

關於鄧白氏

鄧白氏是全球領先的商業決策數據和分析公司，協助世界各地的公司提升業務績效。鄧白氏全球數據雲提供的解决方案和 洞察分析可助力客戶提升盈收、降低成本、控制風險以及進行業務轉型。自1841年以來，鄧白氏深受各大規模公司的信賴 ，為他們管理風險和發掘商機。如欲進一步了解鄧白氏，請瀏覽 www.dnb.com.hk

關於香港出口信用保險局

香港出口信用保險局根據《香港出口信用保險局條例》（香港法例第1115章）成立，目的是透過提供出口信用保險服務， 保障出口商因商業或政治事故，未能收回款項的風險，從而鼓勵及支持香港出口貿易。香港信保局獲香港特別行政區政府 保證承擔信保局根據保險合約所負的或有法律責任，現時的法定最高負責額為550億港元。