All the News
7 Credit Management Tips For Export Success
In business, risk and reward are two sides of the same coin, and that’s especially true when exporting. But while you can’t avoid all risks, you can minimize them and be prepared for them.Read More
Companies in China report shorter payment delays in 2022 and expect higher economic growth in 2023
Coface’ survey shows that fewer firms encountered payment delays in 2022. 40% of respondents reported overdue, down from 53% in 2021. The average payment delay was shortened from 86 to 83 days in 2022. More information here and in our publication.Read More
What Is Political Risk And How Does It Impact Trade Credit?
Businesses expanding into global markets need to understand the political situations in their overseas trading partners' home nations. Sudden changes in politics can impact a company's ability to meet debt obligations. In this article, we'll explore the idea of political risk as part of a country risk assessment, what this looks like in practice and how your organization can protect against it.Read More
Reopening of China carries risks and opportunities - New podcast episode
Two experts from Coface reveal the risks and opportunities of China for businesses, in light of tumultuous current events.Read More
A further tightening of the oil market
In early April, Saudi Arabia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman announced combined oil output cuts of more than 1.1 million barrels per day (b/d), surprising the markets. This commitment follows a first production cut announced in October 2022 by OPEC+. It comes in addition of Russia's decision to cut output by around 500,000 b/d in reaction to the implementation of a EU ban on seaborne imports of Russian oil and oil products.
Read our press release here for more.
Is There A Difference In How Small Businesses Enforce Debt Collection Services
Debt collection is a tricky business for companies of all shapes and sizes, but the process is particularly vital to small and medium sized enterprises (SMEs), which often don’t have the cash flow to absorb losses as easily as larger organisations.Read More
Appointment of Grishma Kewada as Coface Country Manager for Singapore
Coface is pleased to announce the appointment of Grishma Kewada as Country Manager for Singapore effective April 1st 2023. She reports directly to Graham Crozier, CEO of Coface South East Asia & India and is based in Singapore.Read More
Silicon Valley Bank’s failure highlights heightened financial stability risks amid monetary tightening
California and federal banking regulators shut down Silicon Valley Bank (SVB) and seized its deposits citing both illiquidity and insolvency. This is the 2nd largest failure of a U.S. financial institution after Washington Mutual in 2008. Read our expert's analysis of the situation.Read More
Export Credit insurance: What Is It And Do You Need It?
For those who are in the business of exporting goods and raw materials, it is worth considering taking advantage of export insurance, or export credit insurance. Export insurance, simply reduces the payment risk associated with foreign trade.Read More
FY-2022 results: record net income at €283.1m and 80% pay-out ratio
Coface releases its FY-2022 results: record net income at €283.1m and 80% pay-out ratioRead More
From excessive pessimism to excessive optimism - Coface Barometer Q4 2022
2023 starts with good news on the macroeconomic front. First, Europe has avoided a recession that looked long promised. Second, the prospect of a rebound in China in the second half of the year, also raises hopes for the global economy. In this context, Coface's risk assessments have changed only slightly, with 5 changes for country risks and 16 changes for sector risks. Discover which ones in our latest barometer.Read More
How Much Does Trade Credit Insurance Cost?
Credit insurance is the best way for companies to protect themselves against the financial consequences of unpaid invoices. No matter the credit terms you lay out for your clients, there is always the risk that they are going to pay a bill late, or worse not pay at all.Read More
Trade credit insurance: The different types and how to manage trade credit risk
While it’s hugely important to understand TCI as a whole, it’s also critical for businesses to know what goes into selecting the right type of trade credit insurance policy, as well as some of the other ways that trading risks can be managed and reduced.Read More
Enhance Your Risk Management with Business Intelligence Platform
Risk Intelligence is capable of analyzing data, forecasting, and making recommendations. Employ technology to become better positioned for future risks.Read More
How Does BI Help Companies Grow?
Business Intelligence helps teams make more data-driven decisions. Companies use BI platforms to import, analyze, and transform data into business insights.Read More
Coface reports a new record result of €84.0m in Q3-2022
Coface reports a new record result of €84.0m in Q3-2022. Annualised return on tangible equity at 16.4%Read More
Social unrest set to rise as socio-economic pressures mount around the world
While the sources of economic uncertainty are legion, new political disturbances could be added to their ranks. The new geopolitical landscape opened up by Russia's actions could reawaken risks in other global hot spots.
More about those hot regions and countries.
A cold chill on the global economy - Q3 2022 Barometer
Beyond the repercussions of the war in Ukraine, the global monetary tightening and the multiple constraints on Chinese growth paint a gloomy outlook. In the short term, the economy seems to be settling into a regime of "stagflation", where almost no growth and rapidly rising prices coexist. The possibility of a global recession, meanwhile, is becoming clearer.
In this context, Coface is making general downward revisions to its GDP growth forecasts and its country and sectoral assessments. Check them out!
Moody’s affirms Coface’s ratings, changes outlook to positive
The rating agency Moody’s, on 11th October 2022, has confirmed the financial strength rating (Insurance Financial Strength Rating – IFSR) for Coface at A2. The agency has also changed the outlook for Coface to positive from stable.Read More
How To Mitigate Credit Risk?
Credit is the risk of losses arising from the obligor’s failure to meet contractual obligations. Read a practical guide on how to manage credit risk.Read More