About Coface
The Compagnie Française d'Assurance pour le Commerce Extérieur (Coface) was founded in 1946 as the French export credit agency. It was subsequently privatised by the government and continued as a commercial enterprise. Capitalizing on more than 60 years of experience and a database of 60 million companies, Coface sets the global standard in assessing creditworthiness and protecting companies worldwide against the risk of non-payment.
The Coface Group, a worldwide leader in credit insurance, offers companies around the globe solutions for trade receivables management. In 2010 the Group posted a consolidated turnover of 1.6 billion Euros. 6,400 staff in 66 countries provide a local service worldwide. Each quarter, Coface publishes its assessments of country risk for 156 countries, based on its unique knowledge of companies' payment behaviour and on the expertise of its 250 underwriters.
In France, Coface manages export public guarantees on behalf of the French state. Coface is a subsidiary of Natixis whose capital (Tier 1) was 16.8 billion Euros end December 2010.
The Natixis group has a broad customer base and business portfolio with market leading positions in France and abroad. It comprises Caisse d’Epargne Group and Banque Populaire, who joined together to combine their corporate and investment banking, asset management and services activities in a listed company. Natixis’ business model is based on specialised business expertise, a solid financial position and a strong international presence.
CreditAlliance Network
Coface is also part of the CreditAlliance Network, the world's leading network in Trade Receivables management. CreditAlliance federates 72 members in 100 countries among insurance companies and participants in world trade, credit insurance, business information and factoring. All of these partners develop insurance covers and services that respect the same quality standards and that adapt to changes in world trade thanks to exchanges of information and expertise. The network constitutes a veritable sales force for our business.
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