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Country and Sector risks Barometer - June 2020: From a massive shock to a diversified recovery

Coface forecasts that the recession in 2020 (a 4.4% drop in world GDP) will be stronger than that of 2009. Despite the recovery expected in 2021 (+5.1%) – assuming there is no second wave of the coronavirus pandemic – GDP would remain 2 to 5 points lower in the United States, the eurozone, Japan, and the United Kingdom, when compared to 2019 levels.

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CHINA PAYMENT SURVEY 2020: PAYMENT DELAYS WILL INCREASE FURTHER BECAUSE OF COVID-19

In the context of weaker activity in China due to the health crisis, Coface’s latest survey on business payments in China shows a deterioration in payment behaviour in 2019.
66% of surveyed companies reported payment delays. The length of payment delays remained stable at 86 days in 2019. Nevertheless, sectors that have been hit the most by lockdown measures will have to delay payments in order to survive in 2020 and the number of corporate insolvencies should increase.

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World Trade: despite a sudden interruption, global value chains still have a bright future

Early 2020 marked by a sudden interruption in world trade, hampered by a global recession and soaring uncertainty

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First quarter shows solid operational performance but is impacted by the initial effects of the COVID-19 crisis

Xavier Durand, Coface CEO, commented: “The coronavirus crisis presents an unprecedented shock for our economies and for the credit insurance industry. First and foremost, I am very proud of our teams’ successful efforts to continue supporting our customers despite the containment measures (...)"

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Can China shield its economy from the impact of COVID-19?

Due to the current coronavirus (COVID-19) pandemic and its impact on the global economy, it is unlikely that China will be able to achieve its 2020 growth target. Coface forecasts a growth rate of 4% for the Chinese economy in 2020.

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Covid-19, A triple shock for the world economy

In this webinar focusing on the global impact, our Chief Economist Julien Marcilly explain what can already be expected from this health and economic crisis on a global scale.

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COFACE DIGITALIZES THE CUSTOMER EXPERIENCE

Coface clients will discover a fully Optimized version of CofaNet Essentials, the online management tool for credit insurance: a modernized look and feel, optimized for all mobile devices, providing an enriched and customized experience.

This Optimized CofaNet Essentials comes with a new ‘entry-door’, which will bring enhanced capabilities for digital communication with customers: direct login to all Coface applications, targeted news and product documentation in all format (text, audio, video) as well as contact forms.

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Turkey Payment Survey 2019: better picture in payment term but companies remain cautions regarding economic prospects

Right after the recession that the economy went into during the second half of 2018 the private sector remains mixed in terms of the economic outlook.

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Broker Portal, Coface’s new digital interface for its brokers

Coface launches its new portal for brokers, offering a new experience to its partners in the development of their business around the world.

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COFACE INTRODUCES CRAFT, A NEW FORECASTING TOOL TO ESTIMATE GROWTH IN THE EUROZONE

Recession or slight decline, CRAFT provides the keys to the slowdown in the major economies of the Eurozone.

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Coface South Africa Champions at the 2019 Gender Mainstreaming Awards

This was a proud moment for Coface South Africa, recognizing the in-depth work which has been done at Coface on Gender Focus for the last two years. In 2017, Coface launched a worldwide initiative in order to ensure gender diversity, baptised Women to Win. Its aim is to raise awareness of gender balance issues and ensure that female talents are properly leverage at every level of the organisation.

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The "Made in Russia" strategy: a limited instrument for economic diversification

Faced with fluctuations in hydrocarbon prices and economic sanctions from Western countries, Russia has developed a strategy that favours "Made in Russia" - but the results have remained mixed.

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Netherlands: What is the secret of Dutch trade?

Rising protectionism in China and the United States, Brexit, contracting world trade... despite all the clouds on the horizon, the Dutch economy remains surprisingly bright.

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Coface's political risks overview: the temperature is rising on the African continent

With numerous bouts of conflicts, terrorism, and social and political tensions, which show no signs of stopping in the near future, Africa will continue to experience fragility and destabilisation.

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Coface Barometer - Trade tensions return to the forefront of the global economy

US/China trade war, struggling automotive sector, slower growth in emerging economies... the second quarter of 2019 highlights a global economic slowdown

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Coface delivers a strong first quarter 2019

Net income at €36.4m and RoATE at 9.0%, supported by full impact of Fit to Win plan, portfolio growth and sound underwriting management

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Coface launches credit-insurance offer in Greece

In line with its strategic ambition to grow in promising new markets, Coface is launching its credit insurance offer in Greece. Coface is now able to strengthen its support to Greek businesses, by providing them with its recognised expertise in monitoring the credit-worthiness of millions of companies all over the world, and by protecting their commercial transactions.

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COUNTRY SECTOR SUMMARY - AGRIFOOD JAPAN

AGRIFOOD: JAPAN

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COUNTRY SECTOR SUMMARY - RETAIL TURKEY

RETAIL: TURKEY

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Coface Country and Sector Risk Handbook

Coface Country and Sector Risk Handbook

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