All the News
The agreement on cereal shipments in the Black Sea will not be enough to solve all the challenges of the agri-sector in 2023
Although the agreement concerning the cereals transit in the Black sea has contributed to ease the pressure on cereals supply, its effects are limited and grey areas on the food security of many countries persist.Read More
A further tightening of the oil market
In early April, Saudi Arabia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman announced combined oil output cuts of more than 1.1 million barrels per day (b/d), surprising the markets. This commitment follows a first production cut announced in October 2022 by OPEC+. It comes in addition of Russia's decision to cut output by around 500,000 b/d in reaction to the implementation of a EU ban on seaborne imports of Russian oil and oil products.Read More
Coface x Rel8ed: “Nowadays, Data Science is a key component of Risk Management”
Recently acquired by Coface, Rel8ed is a specialized data analytics boutique, which develops innovative solutions leveraging Big Data and AI. How can our trade credit insurance and Business Information clients benefit from the pooling of expertise? Bob Lytle, General Manager and founder of Rel8ed, shares more here.Read More
Appointment of Grishma Kewada as Coface country manager for Singapore
Coface is pleased to announce the appointment of Grishma Kewada as Country Manager for Singapore effective April 1st 2023.Read More
Coface celebrates its 100th anniversary in Germany
Coface Germany celebrates its 100th birthday! The company was founded in March 1923 in Mainz on the initiative of Isaac Fulda, a local banker.
To mark this milestone, Coface is looking back on its history in the country.
Silicon Valley Bank’s failure highlights heightened financial stability risks amid monetary tightening
On March 10, California and federal banking regulators shut down Silicon Valley Bank (SVB) and seized its deposits citing both illiquidity and insolvency. This is the 2nd largest failure of a U.S. financial institution after Washington Mutual in 2008.
Coface's Commitment to Equity
Gender equality, equal pay and career development… as we celebrate International Women's Day, what progress has Coface made? And what commitments have we made for the years ahead? We answer these questions here.Read More
How United is the Kingdom? The Northern Ireland protocol and Nicola Sturgeon’s resignation
The U.K. is currently experiencing political turmoil, adding to an already difficult economic situation (Coface forecasts a 1% decline in U.K. GDP in 2023).Read More
Türkiye: Earthquakes raise inflation risk and political uncertainty
On February 6, the south eastern provinces of Türkiye were hit by earthquakes that killed over 40,000 people in Türkiye and Syria. This toll, far from being definitive, could double according to the United Nations. Retrouvez notre communiqué de presse sur les retombées économiques de cette catastrophe. Read our press release on the economic impact of this disaster.Read More
FY-2022 results: record net income at €283.1m and 80% pay-out ratio
Coface releases its FY-2022 results: record net income at €283.1m and 80% pay-out ratioRead More
Country Risk Assessment Map - Q4 2022
Our latest edition of the Coface Country Risk Map. Consult and download Coface's risk assessments of 162 countries across the world.Read More
From excessive pessimism to excessive optimism - Coface Barometer Q4 2022
2023 starts with good news on the macroeconomic front. First, Europe has avoided a recession that looked long promised. Second, the prospect of a rebound in China in the second half of the year, also raises hopes for the global economy. In this context, Coface's risk assessments have changed only slightly, with 5 changes for country risks and 16 changes for sector risks. Discover which ones in our latest barometer.Read More
China reopening has a positive but gradual impact on consumption
Paris, January 11, 2023 – China’s reopening process has come faster and earlier than expected. After announcing a gradual easing of its zero-Covid policy in November, the National Health Commission finally decided to downgrade the Covid-19 risk level in late December.Read More
Lithium: Large-scale industrial opportunities but limited medium-term supply
Paris, October 24, 2022 – With the conversion to electric or hydrogen vehicles under greater scrutiny than ever, lithium is making its mark as a strategic raw material of vital importance.Read More
A cold chill on the global economy - Q3 2022 Barometer
Beyond the repercussions of the war in Ukraine, the global monetary tightening and the multiple constraints on Chinese growth paint a gloomy outlook. 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.
In this context, Coface is making general downward revisions to its GDP growth forecasts and its country and sectoral assessments. Check them out!
Country Risk Assessment Map - Q3 2022
162 Countries under the magnifying glassRead More
Coface increases its support to the financing & implementation of ESG projects through single risk solutions
Coface has decided to increase its support to the financing and implementation of long-term ESG projects by providing Single Risk insurance solutions more widely.Read More
Coface’s Germany Corporate Payment Survey 2022: Battered companies prepare for another crisis
While the difficult economic situation took its toll, the 6th edition of Coface’s survey on corporate payment experience in Germany indicates that the impact on corporate payments in 2022 appears to be moderate and comparatively lower than the shock on the economy. However, companies are vigilant in the short-term and very pessimistic about the future.Read More
Asia-Pacific: companies face rising credit risks despite shorter payment delays
Coface’s 2022 Asia Corporate Payment Survey, conducted between November 2021 and February 2022, provides insights into the evolution of payment behaviour and credit management practices of about 2,800 companies across the Asia-Pacific region during another pandemic year. Respondents came from nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Thailand and Taiwan) and 13 sectors located in the Asia-Pacific region.Read More
A recession to avoid stagflation? The world economy at a crossroads
Four months after the start of hostilities in Ukraine, first lessons can be drawn.
Which countries and sectors are doing best? Which ones are going to face major difficulties?
Read the forecasts from our Q2 Barometer now.