05/27/2020
Country risk and economic studies
Early 2020 marked by a sudden interruption in world trade, hampered by a global recession and soaring uncertainty
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Following the containment measures taken by several European governments in connection the fight against spread of the Covid 19 we had decided to provide you with support in the form of an extension of the period for Notifying Overdue Accounts by 60 days. We informed you about this decision at the end of March.
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04/23/2020
Corporate news
Xavier Durand, Coface CEO, commented: “The coronavirus crisis presents an unprecedented shock for our economies and for the credit insurance industry. First and foremost, I am very proud of our teams’ successful efforts to continue supporting our customers despite the containment measures (...)"
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07/30/2019
Corporate news
Net income up 25% at €78.5m, RoATE at 9.6% and Partial Internal Model submitted
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05/25/2017
Corporate news, Product news
Coface’s new customer portal and fully revamped CofaNet online credit insurance contract management tool are being launched today. With the new solutions, customers will benefit from innovative features, unique access, customised content, advanced ergonomics, real time results displays and easier contacts.
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05/24/2017
Country risk and economic studies
„Is Europe standing at the crossroads, or has it already missed?“
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11/04/2016
Country risk and economic studies
Periods of economic crisis naturally lead to heightened political uncertainty and this aspect is crucial in assessing country risks
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10/19/2016
Country risk and economic studies
Despite the solidity of Germany’s economy, payment delays are still commonplace
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09/20/2016
Corporate news
From September 1st 2016 Pavel Schweiner was appointed new Country Manager of Coface Czech Republic.
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08/31/2016
Country risk and economic studies
2015 was a good year for Central and Eastern Europe. The average GDP growth was 3.3%, after 2.6% in 2014. Private consumption was rising due to declining unemployment and increasing wages. EU funds supported investments. In short: CEE was faced with a booming economy. But how did the largest businesses perform?
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06/19/2016
Country risk and economic studies
A number of positive indicators for the French economy appeared between January and April 2016. Steady growth, which had begun in 2014 (+0.6% in Q1 2016 compared to Q4 2015) has gathered pace, driven by domestic demand.
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06/17/2016
Country risk and economic studies
Following a long period of increasing demand, driven by China in the 2000s, steel is suffering from weak growth in the global economy.
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05/24/2016
Country risk and economic studies
„Changing global landscape. Opportunities and risks for Czech economy.“
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05/06/2016
Corporate news
This has been a tough first quarter. Business turnover and profits were lower compared to the same period last year, against the backdrop of a polarized and volatile economic environment.
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04/11/2016
Corporate news
At the end of 2015, a year marked by a deterioration in the global economic environment, Coface recorded a slight increase in net income (group share), at €126M (€125M in 2014).
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02/15/2016
Country risk and economic studies
To be monitored: cheap oil, financial market volatility and the Chinese slowdown in advanceD countries and growing debt of companies in emerging countries
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01/05/2016
Country risk and economic studies
The Polish retail sector benefits from increasing household consumption and rising consumer sentiment. As a result retailers have been able to generate higher turnover, but an intense competition and deflation period imposed reduced margins and low profits.
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Coface pursues its strategy of innovation, expanding its online offer with Policy Master, an online application that will help clients in handling their policy more efficiently. With this new tool Coface facilitates credit organisation teams’ risk management by reducing administrative work and introducing alerts and notifications for clients.
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10/13/2015
Country risk and economic studies
This map gives you a global overview of country risk assessments. Coface's methodology in assessing country risk uses macroeconomic expertise, comprehension of the business environment and microeconomic data collected over 70 years of payment experience.
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10/01/2015
Country risk and economic studies
China is trying to find a way to achieve healthier, more sustainable growth, but this is not completely painless for its economy – or for those of its neighbours. According to Coface estimates, growth is unlikely to exceed 6.7% in 2015 and 6.2% in 2016, compared with 13.4% over the period 2006-2007. This is mainly a result of the technological and capital catch-up process running out of steam: several industries are suffering from overcapacity and corporate indebtedness is high, thus impacting investment. We are witnessing a shift in the Chinese economic model. Which Asian countries will be the first victims if there is a hard landing? And which will enjoy the greatest immunity?
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