News

Coface delivers a strong first quarter 2019

04/24/2019

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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Central Asia, China, and Russia: a three-way partnership of reason

04/24/2019

Located on two branches of the New Silk Road (Belt and Road or B&R), Central Asia is both a trading partner and gateway for China and Europe; Russia’s long-standing influence in the region through expatriate transfers, its military bases, and culture is also of note. For the moment, China and Russia find reasons for rapprochement in their opposition to Western ideas and their fight against the spread of radical Islam. However, the balance of power could soon change as China is the largest provider of funding for corridor development in the region.

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2019 Golden Week Holiday Closing Notice

04/22/2019

Due to the Golden Week Holiday period from April 27th to May 6th, our Tokyo & Osaka offices will be closing.

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Coface announces the publication of its 2018 Registration Document

04/03/2019

The 2018 Registration Document includes the following information: The 2018 Annual financial report; The Report on corporate governance (attached to the management report); The Statutory Auditors’ reports and the news release concerning their fees; The description of the share buyback program; The draft resolutions submitted to the vote of the Combined Shareholders’ Meeting of May 16th 2019; The Non-Financial Performance Statement.

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Mexico and Brazil taking opposite directions in terms of energy policies

04/02/2019

2019 will be marked by high volatility in the global oil market - Brent crude oil price to average USD 65 in 2019, according to Coface estimates - In Mexico, the financial stress already faced by Pemex might not be contained - Brazil oil policy is expected to have positive knock-on effect in the medium term

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Coface launches credit-insurance offer in Greece

03/27/2019

Local companies set to benefit from Coface’s expertise in risk prevention and payment protection.

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