A global perspective, a local service.
Coface was originally established in France by the government in 1946 to support French exports.
Now, the Coface Group is:
The 3rd largest credit insurer globally
The 5th largest information provider globally
The 5th largest receivables management provider globally
The 6th largest factoring provider globally
Unique global network
For over 60 years, Coface has continued to focus on steadily improving the local service offered to its 85,000 clients throughout the world. The Group's objective is to broaden its product and service offering in the light of increasing trade globalisation, meet the challenges of e-commerce and continue to build its international reach so as to provide a seamless delivery of expertise to its clients worldwide.
The following 6 regional platforms are responsible for co-ordinating the activities of the local subsidiaries and branches in the 60 countries where Coface has direct operations:
Europe
Africa and the middle east
North America
Latin America
Asia and Pacific
This organisation by region rather than by business line strengthens client relationships by ensuring that companies receive advice from a single source about all the Coface products and services available to meet their needs.
Coface's mission is to facilitate global business-to-business trade by offering companies four products lines to help them manage, finance and protect their receivables (i.e. all credit granted for a period of 30 days, 60 days or sometimes more to other companies in the course of their commercial relations):
Credit information and corporate ratings
Receivables management,
Credit insurance,
Receivables financing.
Coface also offers three other business lines:
Receivables management training,
In France, public procedures management for export guarantees given by the French State
Coface operates subsidiaries or branch offices in 60 countries, staffed by more than 5,100 employees serving 85,000 clients.
It also offers local services in 93 countries through its partners in the CreditAlliance network, united by shared credit risk management systems (the Common Risk System).
