Compagnie Française d'Assurance pour le Commerce Extérieur (Coface) is a credit insurer that operates worldwide' in addition to offering debt collection services, factoring and business information, and bonds.
[3] In 2018, Coface announced the acquisition of PKZ, market leader in credit insurance in Slovenia, and a subsidiary of SID Bank16.
[5] On the same day, Coface announced its new Build to Lead strategic plan which aims by 2023 to strengthen risk management and improve the group's commercial and operational efficiency.
[6] In July 2020, Coface finalized the acquisition of GIEK Kredittforsikring AS with the aim of strengthening its market position in Northern Europe.
[8] As of 2022, Coface has continued its operations in Russia, maintaining its business activities and relationships despite the ongoing conflict in Ukraine.
The company has faced criticism for not making any public changes to its operations in Russia amid growing international calls for businesses to withdraw from the country.
Coface offers various information services, ranging from the provision of raw data to a risk-taking recommendation on any company in the world.
Coface's Economic Research department analyzes country and sector risks and corporate insolvencies worldwide.
Coface's head office is located in Bois-Colombes in the western suburbs of Paris, close to the business center La Défense.