All Coface Publications
The eighth edition of Coface’s survey on payment experience in Poland was carried out in October 2023 with 341 companies participating in the study. At that time, the economic situation was relativelyRead More
The Coface Corporate Payment Survey which was conducted among 630 businesses last July has demonstrated that offering payment terms to clients is a well-established practice among businesses: 97% of them stated that they do so, irrespective of the sector and the size of the company.Read More
Africa has been a major focus of attention since the pandemic and, more particularly, Russia’s invasion of Ukraine. The twin shocks and their consequences – obstacles to the movement of people and goods, skyrocketing energy and food prices, plus monetary policy tightening – have revealed structural weaknesses of African economies, either by exacerbating them or manifesting them. Read our study about it here.Read More
In a context that we explain in our barometer, Coface has made 26 changes to sector ratings: 13 reclassifications and 13 downgrades.
Find out which sectors in which regions are affected in our sector risk infographic.
The year 2023 began with great enthusiasm, but in all likelihood it will not be the year that most observers and investors were expecting.
Read our economists' forecasts to understand what to expect in the coming months.
In 2022, Asian businesses took a more stringent approach to credit terms amid a year of aggressive rate hikes, tighter financial conditions and higher inflation.
Check out now which countries and sectors are less affected now.
China Payment Survey 2023: Shorter payment delays but worsening credit conditions in chemicals and wood
The year 2022 was marked by a significant economic slowdown and stringent Covid response in China. In the face of tight liquidity and mobility restrictions that disrupted payment processes, Chinese businesses showed
greater flexibility in giving credit terms. Read our full publication
United Kingdom: Corporate insolvencies are going from zero to a hundred after end of government support measures
In 2022, around 23,400 companies went bankrupt in the United Kingdom, causing corporate insolvencies to reach its highest levels since the 2009 Global Financial Crisis “GFC”.
Read our analysis of this rapid rise in insolvencies.
The year 2023 starts with good news, at least on the macroeconomic front. In consequence, we have made few changes to our country (5 changes) and sector risk assessments (16 changes). In net terms, however, the trend remains towards downgrades. Check them out.Read More
In the short-term, the economy seems to be settling into a regime of “stagflation”, where almost no growth and rapidly rising prices coexist. The possibility of a global recession, meanwhile, is becoming clearer.
Our economic research team gives some more perspective in our latest barometer.
One of the main takeaways of this year’s survey is that payment behaviour has become slightly more restrictive: with a gas-crisis on the horizon, fewer companies are offering payment terms (71%) compared to last year (74%).
Christiane von Berg, our economist for the Northern Europe region, details the payment terms and expectations of companies in Germany.
Asian companies face rising credit risks despite shorter payment delays. The Coface 2022 Asia Corporate Payment Survey was conducted between November 2021 and February 2022. It covered almost 2,800 companies from nine markets and 13 sectors located in the Asia-Pacific region.Read More
Four months after the start of hostilities in Ukraine, what initial lessons can be drawn ?
As the horizon continues to darken, the risks are naturally bearish and no scenario can be ruled out.
Read our full publication.