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How can you determine whether a business is able to pay what it owes and if it has done so in the past? While there are several ways to assess this information, one of the most valuable is by considering a particular enterprise’s creditors turnover ratio. Learn More....Read More
The deterioration in corporate payment habits in France is echoed in insolvency numbers, with an undisputed increase observed since the start of the year that has even overshot pre-Covid levels. Learn more now.Read More
Country and Sector Risk Barometer Q3 2023: Macroeconomics put to the test by microeconomic deterioration
All the leading indicators point to a sharp slowdown in activity in North America and the Eurozone towards the end of the year, and the recovery of the Chinese economy has rapidly collided with structural weaknesses and a lack of confidence among households and businesses. In this context, we have modified 7 country risk assessments (2 upgrades and 5 downgrades) and 33 sector risk assessments (17 upgrades and 16 downgrades).
More in our latest barometer.
Coface announces today the appointment of Mark Qian as Country Manager for China with effect from 1st October 2023. Based in Shanghai, Mark reports directly to Benoit Ganzmann, CEO of the Greater China Region in Hong Kong.Read More
As you conduct trade both within your country and overseas, you will either become a trade creditor or accrue creditors in your own books. In this article, we explain what a trade creditor is, discuss how this relates to unpaid debts, and explain how to use trade credit insurance to mitigate these concerns.Read More
The rating agency Moody’s, on 28th September 2023, has upgraded the financial strength rating (Insurance Financial Strength Rating – IFSR) for Coface to A1 from A2. The agency has also changed the outlook for Coface to stable from positive.Read More
Country risk assessment, also known as country risk analysis, is the process of determining a nation's ability to transfer payments. It considers political, economic and social factors, and is used to help organizations make strategic decisions when conducting business in a country with excessive risk.Read More
The successive shocks linked to the COVID pandemic and the war in Ukraine have had a clear negative impact on African economies. They have revealed, materialized and even exacerbated major structural weaknesses. Over-indebtedness and food insecurity, with their economic, political and social ramifications, are the chief hallmarks. Read our press release about it here.Read More
How well do you know your customers? It's an essential question that every business should ask itself before deciding to work with a new organization. Yet the amount of due diligence needed to thoroughly research and vet trading partners requires time, resources and specialized experience that many firms simply don't have. Without this insight, however, your business may be exposed to non-payment risks and other issues. Learn more...Read More
While the global macroeconomic outlook remains uncertain, the transport sector has recorded the highest number of risk assessment upgrades in the latest Coface barometer.
Read our expert's analysis now.
The Asia Corporate Payment Survey provides insights of about 2,300 companies across the Asia Pacific region. Asian companies experience fewer payment delays and are rather optimistic despite multiple headwinds ahead.
The year 2023 began with great enthusiasm, but in all likelihood it will not be the year that most observers were expecting. The 1st half of the year has reinforced some of our convictions... Read them and our economists' forecasts now.Read More
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
Preventing delinquencies or collecting receivables immediately is critical to the survival of many companies. To help you gain insight into your own credit management and improve your business risk prevention, here are 7 tips to better protect your business.Read More