This portal offers Coface’s customers a complete suite of API solutions developed by Coface to enable them to integrate its services, expertise and unique data directly into their business ecosystem.
This initiative illustrates Coface's willingness to provide higher connectivity to its customers via advanced digital solutions designed to optimise credit risk management.
All the News
Remote work has emerged as a new norm during the Covid-19 pandemic. This cultural shift could allow companies located in developed countries to hire teleworking talent in emerging countries to reduce their labour costs.Read More
The metals used in electric vehicles, such as lithium, cobalt and copper, are at the heart of the revolution currently taking place in the automotive industry. Strict regulations, government support programmes, and the increased use of electric vehicles in certain regions are all strongly stimulating demand for these metals, which are now indispensable in the manufacture of batteries. Imbalances between supply and demand are thus pushing up their prices, even though the market share of electric vehicles remains modest.Read More
8 months after the start of the pandemic, access to vaccination is now the main factor setting the pace of people's daily lives and the global economy. GDP growth forecasts for 2021 have been revised upwards (+5.6%), but this is mainly the result of positive surprises from the United States. These improved growth prospects are reflected in world trade: after a 5% decline in volume last year, Coface forecasts an 11% increase for 2021.Read More
Coface Country Risk Conference 2019. Two pitfalls for businesses in 2019: the economic downturn and political risksRead More
Interactive tool enables to find new target groups in Central and Eastern Europe. With Coface Business Finder, clients can find and reach new business partners, update and enrich their contact database, as well as analyze markets and competitors.
Wind energy industry: Production costs will increase under the influence of the trade war and the liquidity squeeze
Alongside other renewables, wind energy has experienced a strong growth since the mid-2000s across the world, spurred on by strong support from governments, its favorable cost-competiveness ratios (compared to nuclear plants or coal facilities) and a less damaging environmental impact.Read More
• Higher oil prices and continued capital outflows from emerging markets mark the third quarter of 2018
• A wave of sectorial downgrades in Turkey and Argentina
• Risks improve in Central Europe and the CIS
• Downgrades for Pakistan and Nicaragua, mainly due to political risks
Despite economic acceleration in the region, insolvencies increased by +6.4% in 2017. The weakening liquidity of CEE businesses is surprising, as they have been experiencing the highest rate of economic expansion since 2008
According to Coface’s Political Risk Index, Asia scored 45% on the latest risk ranking, above the world average of 35%. Nevertheless, this score remains lower than those of Sub Saharan Africa, the Middle East & North Africa, Central Europe and Latin America.Read More
With its exit from the European bailout programme, Greece is looking forward to closure on eight successive years of crises. For the first time since 2008, GDP grew for four consecutive quarters. Growth in 2017 reached +1.4%, driven by investment and dynamic external demand. A further development of +2% is forecast for 2018, despite the eurozone undergoing a slight slowdown.Read More
At the Annual General Meeting of ICISA (International Credit Insurance and Surety Association), marking its 90th anniversary, the membership elected Patrice Luscan, Marketing and Innovation Director of the Coface Group, as President of ICISA.Read More
• A sense of déjà-vu between the economic contexts of 2018 and of 2012-2013
• Italy, downgraded to A4, has been the focus of all attention
• The rise in oil prices is benefiting the energy sector in several countries but, combined with capital outflows, is detrimental to the economies of Argentina, Turkey, Sri Lanka and India
• Construction and retail are the primary sectors to be affected by the currency risk in the emerging countries
• The intensification of protectionist policies is alarming businesses
Western Balkans’ accession to EU membership likely to be completed - supported by the region’s strategic importance
The European Union - Western Balkans Summit will take place in Sofia, Bulgaria, on the 17th of May 2018. This meeting aims to reaffirm the EU’s commitment towards the Western Balkans gaining EU membership. Coface’s economists see the EU accession as likely to happen, particularly as it would counterbalance Russian and Chinese presence in the region.Read More
In the Mediterranean, the recent rise in protectionism is starting to transform the vast network of free trade agreements and reshape intra-Mediterranean trade routes. Two new trends are emerging:
• South-Med and East-Med countries are moving upmarket, as seen in particular in exports of automotive and ICT goods;
• New raw material (energy, chemicals and construction) suppliers, such as Greece, Cyprus and Egypt, are appearing in the region.