§ Mr. RedwoodTo ask the President of the Board of Trade what proportion of bad debts ECGD is assuming on its Asian risks; and what was the corresponding figure in May 1997. [27860]
§ Mrs. Beckett[holding answer 5 February 1998]: Records readily available indicate that the level of ECGD's outstanding Claims Balances on Asian markets fell from £70.2m at 31 March 1997 to £36.1m at 5 February 1998. Equivalent figures of the position at 30 May 1997 are not available.
§ Mr. RedwoodTo ask the President of the Board of Trade what proportion of total Asian ECGD risk is sovereign risk. [27857]
§ Mrs. Beckett[holding answer 5 February 1998]: 84% of ECGD's exposure on Asian markets is classified as sovereign and other public buyer risk.
§ Mr. RedwoodTo ask the President of the Board of Trade what was the average premium rate for Indonesian ECGD cover(a) before and (b) after the December 1997 risk assessment. [27856]
§ Mrs. Beckett[holding answer 5 February 1998]: The premium rate for a typical medium-term loan guaranteed by ECGD was £3.40% prior to the December 1997 review and £3.76 afterwards. As no business has been signed since the last review it is not possible to compare average rates.
§ Mr. RedwoodTo ask the President of the Board of Trade what proportion of ECGD's Asian risk is Sovereign risk; and what proportion private sector. [28586]
§ Mrs. Beckett84 per cent. of ECGD's exposure on Asian markets is classified as sovereign or other public sector risk, and the remaining 16 per cent. as private sector risk.