At Coface, our main mission is to insure businesses – from SMEs to multinationals - against unpaid invoices, which can undermine their activity. In this way, we have designed a range of credit insurance solutions covering 3 key requirements expressed by businesses for export: insuring their sales, covering their risks on a case-by-case basis and evaluating markets.
This “made by Coface” protection is based on a powerful prevention system: our experts work around the globe to analyse the financial strength of businesses and anticipate payment arrears. Through this continuous review, we provide feedback on all or part of the customer portfolio, complementing and partnering with businesses.
Our in-depth knowledge of buyers and the markets enables us to offer bespoke advice and services, in addition to taking action quickly when risks of unpaid invoices materialise. This responsiveness is possible thanks to the unique close ties established with our customers, backed by our direct presence in 60 countries. Our company is operating in Czech Republic since 1991. We work with specialised brokers nationwide and a dedicated customer service team in Prague. Coface also offers business information production and receivables management services in Czech Republic.
Your business needs
A cold chill on the global economy - Q3 2022 Barometer10/31/2022
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!
Economic consequences of the Russia-Ukraine conflict: Stagflation ahead?03/08/2022
The Russia-Ukraine conflict has triggered turmoil in the financial markets, and drastically increased uncertainty about the recovery of the global economy. Since our last publication, the world has shifted, so have the risks.