Spotlight

A cold chill on the global economy

A cold chill on the global economy - Barometer Q3 2022

10/12/2022

In the short-term, the economy seems to be settling into a regime of “stagflation”, where almost no growth and rapidly rising prices coexist. The possibility of a global recession, meanwhile, is becoming clearer.
Our economic research team gives some more perspective in our latest barometer.

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News

A cold chill on the global economy - Q3 2022 Barometer

10/12/2022

Beyond the repercussions of the war in Ukraine, the global monetary tightening and the multiple constraints on Chinese growth paint a gloomy outlook. In the short term, the economy seems to be settling into a regime of "stagflation", where almost no growth and rapidly rising prices coexist. The possibility of a global recession, meanwhile, is becoming clearer.
In this context, Coface is making general downward revisions to its GDP growth forecasts and its country and sectoral assessments. Check them out!

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Asia-Pacific: companies face rising credit risks despite shorter payment delays

07/07/2022

Coface’s 2022 Asia Corporate Payment Survey, conducted between November 2021 and February 2022, provides insights into the evolution of payment behaviour and credit management practices of about 2,800 companies across the Asia-Pacific region during another 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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Outlook 2022: peering through the jungle of economic news

01/07/2022

Coface ventures perilous predictions for 2022 on the world economy and a specific focus on Germany.

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Examining the euro, 20 years on

01/04/2022

To mark the 20th anniversary of the euro’s introduction into European wallets, Coface's economic research team has examined the effects that this change has had in macroeconomic terms.

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Key figures

100 Countries offering our services
 €1,568 Billion in turnover in 2021
 €486 Billion of receivables guaranteed
 €82.9 Million Net Income
 4 538 Employees
 66 Countries of direct presence
 50 000 Companies with at least one active contract, in our various business lines
 Cover For our clients in approximately 200 counties
 205% Solvency Ratio
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Partners

  • At Coface South Africa, we value the role of the broker channel in the business community.
     
    Brokers can add value to the relationship they have with their clients, by educating them on credit management issues such as how to avoid the problems of bad debt and late payment, thereby giving clients an opportunity to secure and grow their business.
    We respect this broker-client partnership and believe it is the route through which we can best make companies aware of our services.
     

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