News

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.

Read more

Are corporate balance sheets in Spain and Italy ready for the COVID-19 shock?

06/29/2020

Although the second quarter of 2020 is shaping up to be the most challenging period of the year, there are now good reasons to think that the road to recovery will be long and arduous. Despite immediate tax deferrals, liquidity guarantees, it is likely that many firms will find themselves in difficulty.

Read more

Coface announces new appointment of Country Manager of Coface Japan

06/19/2020

Coface announces today the appointment of Shinkichi Hayashi as Japan Country Manager effective 1 June 2020. Shinkichi will replace Tetsuya Komatsu, who has decided to leave Coface for personal reasons. We would like to sincerely thank Tetsuya for his contributions.

Read more

Business insolvencies in Europe: amendments to legal procedures temporarily postpone due dates

06/18/2020

Many European countries have temporarily amended the legal framework of default procedures to help companies deal with the crisis, postponing growth of insolvencies in Europe.

Read more

Coface Barometer: From a massive shock to a diversified recovery

06/09/2020

Coface forecasts that the recession in 2020 (a 4.4% drop in world GDP) will be stronger than that of 2009. Despite the recovery expected in 2021 (+5.1%) – assuming there is no second wave of the coronavirus pandemic – GDP would remain 2 to 5 points lower in the United States, the eurozone, Japan, and the United Kingdom, when compared to 2019 levels.

Read more

China Payment Survey 2020: Payment delays will increase further because of COVID-19

06/02/2020

In the context of weaker activity in China due to the health crisis, Coface’s latest survey on business payments in China shows a deterioration in payment behaviour in 2019. 66% of surveyed companies reported payment delays. The length of payment delays remained stable at 86 days in 2019. Nevertheless, sectors that have been hit the most by lockdown measures will have to delay payments in order to survive in 2020 and the number of corporate insolvencies should increase (...)

Read more
All the news

Partners

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

    watch more

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