Thursday, April 27 2017 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
Updated: 14 min 14 sec ago
Coface results for Q1-2017: Net income at €7.3m driven by an improvement in net loss ratio. Fit to Win progressing as planned.
Net income at €7.3m driven by an improvement in net loss ratio. Fit to Win progressing as planned.
The Registration Document of COFACE SA for 2016 (Document de référence 2016 in French) was filed with the French financial markets authority (Autorité des marchés financiers - AMF) on April 12th 201
A survey on corporate credit risk management, to which 1,017 Chinese companies responded, reveals that corporate payments improved in 2016, with only 68% of the respondent companies experiencing overdue payments in 2016 (...)
The widespread rise in the political risk conceals mixed regional dynamics
Conflicts grew by +100% between 2007 and 2015. 2017 likely to pay a heavy price, due to intensification of armed conflicts
12 major sectors assessed worldwid
Country and sector risks worldwide - Business confidence is picking up again, despite persistent political risk
Main economic surprise of early 2017: the rise in business confidence is perceptible, but is not yet generating a positive widespread upturn in country and risk assessments.
RMB depreciation, capital flow measures and new monetary stance: What are the implications for Chinese corporates?
The potential depreciation of the renminbi (RMB), along with the implementation of capital flow measures, are longstanding concerns for China.
“The second half of 2016 marks the beginning of the transformation of Coface. We delivered a net profit of €41.5m in the year, successfully closed the transfer of our French State export guarantees activity, and launched our 3-year strategic plan, Fit to Win, the (...)
As part of the implementation of the three-year strategic Fit-to-Win plan, aimed at positioning Coface as the most agile global credit insurer on the market, changes are to be made to the Group's Executive Committee, effective from 3 April 2017.
Payment experience affected by the bleak economic scenario. 75% of interviewed companies received payment extensions requests from their clients;
Despite the recent economic upturn, uncertainties will continue to dominate the global economic climate this year.
Four major risks for 2017 but some positives points...
Coface’s payment survey confirms that sales on credit are being extensively used by Polish companies. Although credit periods have become common practice, it does not mean that receivables are being paid on time.