Corporate insolvencies in Central & Eastern Europe (CEE) increased in 2022 due to high prices when it comes to energy, inputs, series of prompt interest rate hikes, the highest inflation in decades and the uncertainty related to the war in Ukraine.
Coface has set clear social and environmental responsibility (CSR) goals, especially for direct and indirect greenhouse gas emissions, with the first milestone in 2025.
On May 11, the Bank of England (BoE) decided to raise its key interest rate for the 12th time in a row, bringing it to 4.5%. At its latest meeting, the BoE stated that it would stay the course to ensure that inflation returned to 2%, and did not rule out further hikes if there are signs of persistent inflation. The latest figures show a slowdown in headline inflation, from 10.1% in March to 8.7% in April, but core inflation reached its highest level in 30 years. Read our press release to learn more.
Coface releases its Q1-2023 financial results: a very good start to the year with a net income of €61.2m.
Preventing delinquencies or collecting receivables immediately is critical to the survival of many companies. To help you gain insight into your own credit management and improve your business risk prevention, here are 7 tips to better protect your business.
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