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In 2010 the Expected Default Frequency continued the improving trend that Crédito y Caución had seen for several months. United Kingdom recorded the best improvement.
In 2010 Crédito y Caución expects a modest recovery, based on domestic consumption and a rebound of exports. A persistent recovery is not expected until 2011 at the earliest.
Polish companies face tough negotiations with their banks to extend lines of credit, and many suffer from increased financial burdens.
In 2010, the capacity of Crédito y Caución as a global operator will be especially relevant, given the reactivation of the destination markets of Spanish exports.
Atradius Group, a global leader in trade credit insurance debt collection and bonding, which includes Crédito y Caución, today reported a loss after tax of EUR 113.3 million.
The Expected Default Frequency for Belgium remained level for the third month in a row. Crédito y Caución expects corporate insolvencies to increase by 5% this year.
Payment morality in Japan is very high. Many businesses continue to pay diligently until entering bankruptcy. Punctual payment isnt necessarily indicative of cash flow.
In Singapore, the rate of corporate insolvencies remained low in 2009 and Crédito y Caución expects it to continue so in 2010, with no increase in any particular industry.
Em entrevista ao Crédito e Cobrança, o diretor-presidente da Crédito y Caución faz uma avaliação do seguro crédito no Brasil e aponta as perspectivas para os próximos anos.
Crédito y Caución expects corporate insolvencies to increase only 2% in 2010 compared to 2009, but even a year-on-year decrease is not inconceivable.
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