Thursday, October 19 2017 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
Updated: 3 min 16 sec ago
The trajectory of Argentina´s economic rebound will be subject to the outcome of the upcoming midterm elections on October 22.
Coface appoints two new regional CEOs to lead Central & Eastern Europe and Northern Europe, effective November 1st 2017
Xavier Durand, Coface CEO, commented: “As we focus on executing our strategic plan, Fit to Win, these appointments bring a wealth of experience that helps drive our ongoing revitalisation and transformation into the most agile global trade credit partner in the industry.”
Morocco Corporate Payment Survey, first half of 2017: Extended payment periods across practically all sectors: 99 days on average in 2017, up from 82 days in 2016
Coface improves its full-year guidance: loss ratio net of reinsurance now seen below 54%, a 4ppts improvement
The measures taken by Coface to strengthen its risk infrastructure continue to bear fruit. They benefit from an improving economic environment, as growth in all large regions around the globe is on a positive momentum.
Since the early 2000s, corporate debt in the emerging countries has been on a constant rise, with significant acceleration since the 2008 crisis
World economic growth might not yet be at its highest (2.9% in 2017 and 2018), but there can be no denying that there are healthy signs.
Fitch Ratings affirmed, on September 8th 2017, Coface AA- Insurer Financial Strength (IFS) rating. The outlook is stable.
Weak development of infrastructure in the region. Poor record in improving investment rates
Company insolvencies dropped by 14% in 2015 and 6% in 2016
Coface announces CEE Top 500 companies: Automotive & transport sector is the regional leader. Oil & gas continues downturn, losing number one position for the first time
2016 – a mixed year for CEE. The labour market boomed, while turnover and net profit of the largest companies decreased by -0.6% and -3.1% / CEE Top 500 companies increased their workforces in 2016. Lower regional unemployment rates / Poland (+3.3% in turnover) remains the biggest player, followed by Hungary (-11.5%) and the Czech Republic (-2.2%) / Sectors: automotive industry up (+8.6% in turnover), oil & gas sector down (-5.6%)
Political developments in the US have caused uncertainties over the trade policies that could be implemented and the region’s vulnerability to tighter financial conditions.
Isabelle Laforgue and Nathalie Lomon join COFACE SA’s Board of Directors
Operating income up 17.5% and net income at €20.2m Improving guidance for 2017: net loss ratio 3pts better, at below 58%
GCC banks urged to fine-tune liquidity management in order to address new economic cycle - Coface Economic Report
The stagnation of low oil prices is weighing on liquidity conditions across Gulf Cooperation Council (GCC) countries. This is slowing down government fiscal revenues, (...)
Coface’s latest annual payment survey covered 2,795 corporates in the Asia Pacific region, focusing on 8 markets: Australia, China, Hong Kong, India, Japan, Singapore, Taiwan and Thailand. The survey also traced the evolution of corporate payments in 11 sectors.
12 Major sectors assessed worldwide
The second quarter of 2017 marked a new start for Europe, Russia and, on the sector side, for the automobile and agrofood industries in several countries (...)
Coface in Italy win Le Fonti Awards 2017 as Exellence of the year in Credit Insurance (...)