NEWS, PUBLICATIONS & EVENTS

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11/03/2021
Country risk and economic studies

All the News

12/03/2021
Product news

Use ICON Credit Risk Monitoring Tool to Avoid Credit Risks

Late payment or unpaid invoices are an inevitable part of any business. The first step to avoid the probability of default begins with understanding the financial situation of your customer. Knowing your customer, its company details, financial stability, payment behavior, credit history, etc. will help you to avoid bad deals and reduce credit risks. ICON, a new business intelligence platform developed by Coface designed to help businesses assess debtors' and suppliers' financial situation.

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11/01/2021
Product news

6 STEPS TO ASSESS CREDITWORTHINESS OF POTENTIAL CUSTOMERS

In order to protect your business from late payments or non-payments, make sure you use the right tools to check the creditworthiness of potential customers before you extend credit. Here are some useful ways to determine the creditworthiness of potential customers.

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10/28/2021
Corporate news

Coface achieves record net income of €67.7m in the third quarter

Turnover of first nine months: €1,158m, up +7.9% at constant FX and perimeter, and up +8.9% in Q3-2021

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10/27/2021
Country risk and economic studies

Barometer Q3 2021: Supply chain and inflation headwinds hamper the global recovery

As the Covid-19 situation begins to improve, notably with the implementation of vaccination campaigns, there has been a rebound in consumption, particularly in developed countries. For emerging countries, the economic recovery is benefiting export-oriented countries, but service-dependent economies are lagging behind. Read our in-depth analysis in our latest Country and Sector Risk Barometer.

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10/18/2021
Country risk and economic studies

Has the global retail sector returned to normal?

The retail sector’s activity has been affected by the COVID crisis through social distancing measures and closure of stores. However, the effect of the pandemic on the sector greatly varies across countries and segments. Check our study to know it all.

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10/13/2021
Country risk and economic studies

China will continue to expand its role as a main destination for Latin American exports at the expense of the U.S.

Coface observes that LatAm countries’ foreign sales growth rates are expected to exceed their domestic demand expansion. Indeed the region’s activity rebound should be lower than the global average recovery, and more specifically lower than the Chinese and U.S. recoveries. Therefore, sales to China and the U.S. should post a bright performance in 2021. In terms of significance for Latin American exports, China should continue to gain ground over the U.S.

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10/11/2021
Country risk and economic studies

Environmental risk is key to business strategy [#ExpressEco]

Coface’s Country Risk Assessment model now includes an environmental indicator. Our Economist Melina London explains how it works.

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09/30/2021
Country risk and economic studies

New wave of post-pandemic social movements: international trade as collateral victim

While the restrictions linked to the COVID-19 pandemic put a temporary stop to the upsurge of protest movements, a new wave is on the horizon. Protests, mainly in emerging countries, are expected to increase due to an unprecedented deterioration of socio-economic indicators.

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09/17/2021
Country risk and economic studies

Germany Corporate Payment Survey 2021: Learning to live with the pandemic

The 5th edition of Coface’s survey on corporate payment experience in Germany suggests that German companies have acclimatised to the pandemic environment, with more companies offering payment terms and a positive outlook from surveyed companies.

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09/01/2021
Corporate news

Coface strengthens further its leadership team

Coface strengthens further its leadership team and thus is pleased to announce new appointments within its executive committee

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08/12/2021
Product news

CofaMove: Coface's app for on-the-go credit risk management

Your business moves fast – and sometimes your life moves even faster! Now you can set the pace with CofaMove, the Coface app for swift credit risk management when you’re on the-go.

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08/04/2021
Corporate news

Coface announces new appointment of Pamela Woon as Regional Head of Business Information Services, Asia Pacific Region

Coface announces today the appointment of the appointment of Pamela Woon as Regional Head of Business Information Services, Asia Pacific Region, effective July 1, 2021. Based in Singapore, Pamela will report directly to Bhupesh Gupta, CEO of Coface for Asia Pacific Region.

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08/02/2021
Country risk and economic studies

Is the electric vehicle metals boom sustainable?

The metals used in electric vehicles, such as lithium, cobalt and copper, are at the heart of the revolution currently taking place in the automotive industry. But imbalances between supply and demand are pushing up their prices, even though the market share of electric vehicles remains modest. In its latest analysis, Coface does not foresee any major changes in these price trends over the next two years.

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08/02/2021
Corporate news

Coface announces new appointment of Christopher Murphy as Regional Head of Mid-Market and Partners, Asia Pacific Region

Coface announces today the appointment of Christopher Murphy as Regional Head of Mid-Market and Partners, Asia Pacific Region, effective August 1, 2021. Based in Hong Kong, Chris will report directly to Hugh Burke, Chief Commercial Officer of Coface for Asia Pacific Region.

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07/29/2021
Corporate news

Coface announces new appointment of Yasuyo Arihara as Commercial Director of Coface Global Solutions – Japanese Solutions

Coface announces today the appointment of Yasuyo Arihara as Coface Global Solutions – Japanese Solutions Commercial Director with effect from 1st July 2021. Based in Tokyo, Yasuyo reports directly to Shinkichi Hayashi, Global Head of Japanese Solutions.

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07/28/2021
Corporate news

Coface reports first-half net income of €123.2m, confirming an excellent start to the year

Coface reports first-half net income of €123.2m, confirming an excellent start to the year. Turnover: €768m, up 7.4% at constant FX and perimeter.

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07/14/2021
Country risk and economic studies

Coface Barometer Q2 2021: A two-speed world

18 months after the start of the pandemic, access to vaccination is now the main factor setting the pace of people's daily lives and the global economy. GDP growth forecasts for 2021 have been revised upwards (+5.6%), but this is mainly the result of positive surprises from the United States. These improved growth prospects are reflected in world trade: after a 5% decline in volume last year, Coface forecasts an 11% increase for 2021.

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07/09/2021
Country risk and economic studies

Focus on remote work : The Risks and Opportunities of Virtual Offshoring

Remote work has emerged as a new norm during the Covid-19 pandemic. This cultural shift could allow companies located in developed countries to hire teleworking talent in emerging countries to reduce their labour costs.

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07/05/2021
Country risk and economic studies

Asia Pacific: Corporate payment delay trend stabilized; companies see brighter outlook, but risks and uncertainty remain

Coface’s 2021 Asia Corporate Payment Survey provides insights into the evolution of payment behavior and credit management practices of over 2,500 companies across Asia Pacific during a pandemic year. Respondents came from nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Thailand and Taiwan) and 13 sectors located in the Asia Pacific region.

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05/26/2021
Country risk and economic studies

China: rising payment risks in construction and energy sectors despite stronger economic outlook

Coface expects an increase in bond defaults and insolvencies in 2021, especially among sectors that accumulated higher cash-flow risks in 2020 amid a slowdown in credit growth.

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