From excessive pessimism to excessive optimism - Coface Barometer Q4 202202/06/2023
2023 starts with good news on the macroeconomic front. First, Europe has avoided a recession that looked long promised. Second, the prospect of a rebound in China in the second half of the year, also raises hopes for the global economy. In this context, Coface's risk assessments have changed only slightly, with 5 changes for country risks and 16 changes for sector risks. Discover which ones in our latest barometer.
A cold chill on the global economy - Q3 2022 Barometer10/12/2022
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!
Asia-Pacific: companies face rising credit risks despite shorter payment delays07/07/2022
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.
Outlook 2022: peering through the jungle of economic news01/07/2022
Coface ventures perilous predictions for 2022 on the world economy and a specific focus on Germany.
€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
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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