SPOTLIGHT

Asia Corporate Payment Survey 2020: COVID-19 will overturn last year’s incipient recovery
07/02/2020

Asia Corporate Payment Survey 2020: COVID-19 will overturn last year’s incipient recovery

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News

German companies have switched to “crisis-mode” and offer less payment terms

09/17/2020

German companies want to cash in as early as possible, according to the fourth edition of Coface’s survey on corporate payment experience in Germany, conducted in July and early-August 2020, with 753 participating companies located in Germany.

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Coface reports a positive net income of €11.3m for the second quarter 2020 and continues to implement its strategic plan

07/29/2020

Turnover for the first semester: €725m, down 0.6% at constant FX and perimeter:
Client retention and new business achieve record levels, with a positive net production of €33m.
First effects of re-pricing are now visible (+0.2%).
Revenues from services progress by 7%, including information services up by 13%.
Client activities continue to slowdown – a trend expected to continue over the following quarters.

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Post-pandemic production relocation: an opportunity for CEE countries?

07/23/2020

Foreign trade and inclusion in supply chains had already increased in recent years, supported by EU membership by most CEE (Central and Eastern European) countries in 2004.

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Global Transport: What does the future hold beyond COVID-19?

07/21/2020

The COVID-19 pandemic has triggered a mobility crisis, mainly because of physical distancing requirements and the necessity to avoid confined spaces, to limit the virus’propagation. This has had a disastrous impact on the global transport sector, with air passenger transport being the most affected segment.

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United States: Two-speed business bankruptcies

07/15/2020

As the COVID-19 epidemic hits the United States very hard, Coface forecasts in its baseline scenario that the country's GDP will contract by 5.6% in 2020, before rebounding by 3.3% in 2021. Nevertheless, this forecast is threatened by the resurgence of the outbreak in several states, which are already pausing or even reversing the resumption of activity after the extensive lockdown of April.

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Coface finalises the acquisition of GIEK Kredittforsikring AS

07/06/2020

Coface announces the closing of the acquisition of GIEK Kredittforsikring AS, a company that manages a short-term export credit insurance portfolio.

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All the news

Key figures

1,481 M€ OF TURNOVER IN 2019
 100 COUNTRIES OFFERING OUR SERVICES
 ~4,250 EMPLOYEES
 €146.7 M OF NET PROFIT
 AA- (Stable Outlook) FITCH
 A2 (Stable Outlook) Moody's
ALL THE KEY FIGURES

Partners

  • Export Council of Australia Website
    The Export Council of Australia (ECA) is the peak
    Industry body for the Australian export community.

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Contact

SYDNEY
Level 11, 1 Market Street
Sydney NSW 2000 Australia
GPO Box 129 Sydney NSW 2001 Australia
T. +61 (0)2 8235 8600
au_info@coface.com
 
MELBOURNE
Level 10, 350 Collins Street
Melbourne VIC 3000 Australia
T. +61 (0)3 9691 7600
au_info@coface.com
CONTACT US
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