News and Publications

News and Publications

News

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.

Read more

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.

Read more

New Report Finds a Strong Economic Recovery Requires a Healthy Trade Credit Insurance Industry

07/13/2020

Report commissioned by leading trade credit insurers proposes government reinsurance policy to support U.S. economy

Read more

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

07/01/2020

After a 2019 that was dominated by trade tensions between the United States and China, Coface has observed an incipent recovery in Asia (excluding China), supported by supply chain shifts and additional liquidity from the US Federal Reserve.

Read more

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.

Read more
All the news