News and Publications

News and Publications

News

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

06/02/2020

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 Canada positioned to support canadian businesses with additional credit capacity

05/29/2020

In the context of Covid-19 crisis, CofaceCanada is pleased to announce their participation in the extended Trade Partnership Insurance (TPI) powered by EDC (Export Development Canada).

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World Trade: despite a sudden interruption, global value chains still have a bright future

05/26/2020

Early 2020 marked by a sudden interruption in world trade, hampered by a global recession and soaring uncertainty

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COFACE engages to support Belgian companies alongside the state

05/20/2020

During the current, unprecedented health and economic crisis, the Belgian government, in collaboration with credit insurers, is setting up a reinsurance program to sustain the economy during this difficult period.

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Coface appoints Guilherme Spadinger as Sales Director of France & Western Europe

05/06/2020

Within his new role, Guilherme will be responsible for defining, leading, and supervising Coface's commercial strategy for France and the Western Europe region. His mission will be to support business development and growth, and to cultivate Coface's success in these markets.

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