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Coface, the international credit insurer, has launched an online Customised Credit Opinion (CCO) service that will provide companies with information about their business partners. Coface is also offering uninsured collections complementing its CCO services.
German companies want to cash in as early as possible, according to the fourth edition of Coface’s survey on corporate payment experience in Germany, conducted in July and early-August 2020, with 753 participating companies located in Germany.
Coface reports a positive net income of €11.3m for the second quarter 2020 and continues to implement its strategic plan07/29/2020
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.
Welcome and thank you for choosing Coface and Cofanet Essentials platform Whether you are a client of our credit insurance, business information or debt collection solutions, Cofanet Essentials is your single point of entry to your online services.