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03/08/2019
Corporate news

All the News

02/26/2019
Country risk and economic studies

Turkish economy: domestic demand still waning but exports fuelled by the lira’s depreciation

Stagflation becoming a reality, exports are a key-source of revenues for economy, especially in the automotive sector
Exporters are flexible; government support is vital for exporters to gain new market shares

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02/11/2019
Corporate news

FY-2018 results: net income up 47% at €122.3M and pay-out of 100% of net income

Our good 2018 results show the relevance of our Fit to Win strategic plan in a now more volatile economic environment. Our net income of €122 million is up 47% and corresponds to a return on equity close to our average through the cycle objective excluding further capital optimisation actions

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02/05/2019
Country risk and economic studies

Two pitfalls for businesses in 2019: the economic downturn and political risks

Coface will be sharing its vision of the major trends in the world economy in 2019 with businesses at its annual conference on country and sectoral risks.

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12/04/2018
Corporate news

Coface upgraded to ‘Prime’ status by ISS-oekom agency in its 2018 Corporate Social Responsibility rating

ISS-oekom, one of the world's leading rating agencies in the area of sustainable investment, has awarded for the first time ‘Prime’ status to Coface for its social responsibility performance (...)

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11/13/2018
Corporate news

Coface: Keyvan Shamsa appointed Business Technology Director

Keyvan, 56, holds a PhD in computer science and brings broad experience in financial market information systems and knowledge of new technology approaches to Coface.

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11/02/2018
Corporate news

A.M. Best Assigns A (Excellent) Rating to Coface North America Insurance Company

Rating agency A.M. Best has just assigned Coface North America Insurance Company the A (Excellent) Insurer Financial Strength (IFS) rating, with stable outlook.

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10/10/2018
Corporate news

Coface and Tradeshift announce strategic partnership

Global credit insurer to make risk indicators available to a network of 1.5 million businesses in 190 countries.

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09/06/2018
Corporate news

Coface announces the signature of an agreement to acquire PKZ, the credit insurance subsidiary of SID Bank

Coface announces today that it has signed a binding agreement with SID Bank, a Slovenian public bank, to acquire 100% of PKZ capital, a credit insurance subsidiary of SID Bank.

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09/05/2018
Country risk and economic studies

Coface announces CEE Top 500 companies: Household consumption boosts economic activity in CEE

The international credit insurance company Coface presents its tenth annual study on the biggest 500 companies in Central and Eastern Europe – the Coface CEE Top 500. It ranks the businesses by their turnover and additionally analyses further facts such as the number of employees, the framework of the companies, sectors and markets as well as the new Coface company credit assessments. The trend of the CEE Top 500 reflects developments in the region.

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08/29/2018
Corporate news

Fitch affirms Coface AA- rating, with an outlook ‘stable’

Fitch Ratings affirmed, on August 29th 2018, Coface AA- Insurer Financial Strength (IFS) rating. The outlook remains stable.

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07/25/2018
Corporate news

In the first half of 2018, Coface continues to record a solid performance in a gradually normalizing risk environment

Net profit of €62.8m and RoATE1 at 7.8%

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06/28/2018
Corporate news, Corporate news

Coface awarded “Best Credit Insurance brand in France 2018”

Coface France has been recognised as industry leader with the Best Credit Insurance brand France 2018 Award by Global Brands Magazine (...)

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06/27/2018
Corporate news

Coface sells its stake in Cofacrédit

Coface announces today that it has ceded to Factofrance (Groupe Crédit Mutuel – CM11) its 36% stake in the capital of Cofacrédit, a factoring company previously jointly owned by the two groups.

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05/23/2018
Country risk and economic studies

Election season in Latin America: Growing political risks undermine economic activity

The Coface Political Risk Index takes into consideration various risk aspects: (...)

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05/14/2018
Country risk and economic studies

Western Balkans’ accession to EU membership likely to be completed - supported by the region’s strategic importance

The European Union - Western Balkans Summit will take place in Sofia, Bulgaria, on the 17th of May 2018. This meeting aims to reaffirm the EU’s commitment towards the Western Balkans gaining EU membership. Coface’s economists see the EU accession as likely to happen, particularly as it would counterbalance Russian and Chinese presence in the region.

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05/04/2018
Corporate news, Corporate news

COFACE SA: Publication of SFCR Group and Standalone as at 31st December 2017

COFACE SA has published today its Solvency and Financial Condition Report (SFCR) for COFACE SA (Group) and Compagnie française d’assurance pour le commerce extérieur (the « Compagnie »), in compliance with the Solvency II requirements

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04/24/2018
Country risk and economic studies

Africa: diminishing reserves increase risks of another crash

Adversely affected by the slump in raw material prices, most African currencies lost over 20% of their value between 2013 and 2016

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04/24/2018
Corporate news

Coface results for the first quarter 2018:

Net income of €35.5m and RoATE(1) at 8.8%; Fit to Win execution drives profitability in a supportive economic environment

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04/12/2018
Corporate news

Coface’s purpose & new tagline: for trade

Discover our new tagline, FOR TRADE, which conveys Coface’s culture and purpose, as well as our deep commitment to trade.

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04/10/2018
Corporate news

Country and sector risks worldwide - 1st quarter 2018

Now that peak growth has been reached in the United States and Europe, businesses are preparing for supply side constraints and the risk of protectionism

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