Xavier Durand, Coface Group CEO, gives his take on Coface’s #results for the first quarter of 2021: “Our results reflect our continued strong operating performance and an exceptional environment, where the number of #bankruptcies has declined. We anticipate that bankruptcies will increase again once the health crisis is over and special measures to support the economy are phased out. “In the context of a vigorous economic #rebound, but one that is varying widely by sector and by region, we are supporting our clients' business recovery. This is reflected in a 2.7% increase in our exposures during the first quarter, while our preventive actions are back to pre-crisis levels. At the same time, we continue to cooperate with governments to support the withdrawal of governmental schemes, under which we paid €15m in the first quarter. “Finally, we are continuing to implement our strategic plan and to strengthen our operational #efficiency and the quality of service we provide to our customers with the appointment of a Group Operations Director." The full press release is available on our website: http://ow.ly/EVIo50EyXul
Congratulations to COFACE TEAM
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Director | Group Head of Working Capital Solutions, Business Banking
2yCongrats. Let me know if any openings in country mgr podition in Malaysia