News / Publications

Coface finalises the acquisition of GIEK Kredittforsikring AS

07/01/2020

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

07/02/2020

Coface’s annual Asia Corporate Payment Survey evaluates the payment behaviour of companies across nine economies in Asia Pacific.

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

06/23/2020

Spain and Italy will be amongst the economies hardest hit by COVID-19, contracting by 12.8% and 13.6% respectively in 2020, according to Coface’s forecasts. Taking a closer look at the health of Spanish and Italian corporate balance sheets should help identify pockets of vulnerability where widespread defaults are more likely to materialize.

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Focus: Corporate insolvencies in Europe - temporary framework amendments kick the can down the road

06/16/2020

The economic consequences of the COVID-19 pandemic are of an unprecedented scale in Europe. The twin supply-demand shock has resulted in the halting of production (at least partially) in many companies as employees cannot go to work and in a fall in consumption because of mobility restrictions. The decline in revenues has deteriorated companies’ cash positions, fostering an increase in payment delays – and, ultimately, payment defaults.

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