Spotlight

Coface country Risk Conference 2021

Attend our 25th Country Risk Conference 8-10 february

01/22/2021

This year at our Country Risk Conference: 3 round tables to embrace the new business risks in a post-covid world.

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News

United States: Two-speed business bankruptcies

08/17/2020

As the COVID-19 epidemic hits the United States very hard, Coface forecasts in its baseline scenario that the country's GDP will contract by 5.6% in 2020, before rebounding by 3.3% in 2021. Nevertheless, this forecast is threatened by the resurgence of the outbreak in several states, which are already pausing or even reversing the resumption of activity after the extensive lockdown of April.

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Are corporate balance sheets in Spain and Italy ready for the COVID-19 shock?

08/14/2020

Although the second quarter of 2020 is shaping up to be the most challenging period of the year, there are now good reasons to think that the road to recovery will be long and arduous. Despite immediate tax deferrals, liquidity guarantees, it is likely that many firms will find themselves in difficulty.

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China Payment Survey 2020: Payment delays will increase further because of COVID-19

06/11/2020

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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Coface Barometer: From a massive shock to a diversified recovery

06/10/2020

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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100 countries offering our services
 4250 EMPLOYEES
 € 1,481 M of turnover in 2019
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 660 underwriters and credit analysts
 16 economists producing studies
 30 studies released every year
 410 Ÿclaims and recovery managers
 50 000 customers
 €146.7 M of net profit
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Compagnie francaise d´assurance pour le commerce extérieur
Place Costes Et Bellonte 1, Bois Colombes 922 70, France,
Registration R.C.S. Nanterre number 552 069 791
 
in a case relating to the branch of a foreign entity:
Compagnie francaise d´assurance pour le commerce extérieur, branch of an insurance company from another Member State of EU    
Residence: Šoltésovej 14, 811 08 Bratislava
IČO: 36 833 991
Registered in the Commercial Register of District Court Bratislava I, Section Po, Insert no.: 1511 / B
 
Coface Slovakia Credit Management Services, spol. s r.o.
 
Coface Slovakia Insurance Service s.r.o.
 
Šoltésovej 14, 811 08 Bratislava
 
Tel: +421 (2) 67 20 16 16 (reception)
Fax: +421 (2) 67 20 16 51
E-mail: office-sk@coface.com
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