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Coface
Services South Asia Pacific Pte Ltd
Contact: Andrew Loh
Address: 36 Robinson Road #19-01 City House
Singapore 068877
Tel: (65) 6827-8700
Fax: (65) 6827-8701
e-mail:
marketing@coface.com.sg
Website:
www.coface.com.sg Categories: Credit Insurance, Finance, Financial
Services, Financial Consultants, Financial Advisors,
Insurance Companies, Insurance Brokers, Insurance
Consultants Company Profile: Receivables management solutions
provider; provides credit insurance
The
Coface Group, a worldwide leader in credit
insurance, offers companies around the globe
solutions to protect them against the risk of
financial default of their clients, both on the
domestic market and for export. In 2011, the Group
posted a consolidated turnover of €1.6 billion.
4,600 staff in 66 countries provide a local service
worldwide. Each quarter, Coface publishes its
assessments of country risk for 157 countries, based
on its unique knowledge of companies’ payment
behaviour and on the expertise of its 250
underwriters. In France, Coface manages export
public guarantees on behalf of the French state.
Coface is a subsidiary of Natixis whose Core Tier 1
ratio is 10.2% end December 2011.
Singapore
Coface Singapore Branch was established as a
representative office in 1995 and it obtained a
credit insurance license from the Monetary Authority
of Singapore (MAS) to operate as a branch office in
2002. It supports the development of domestic and
international trade through the provisions of credit
insurance.
Coface Singapore works closely with the Singapore
Government to participate in different schemes to
support Singapore companies. Since 2008, Coface has
been one of the insurers of the Loan Insurance
Scheme (LIS). The LIS was part of a financing scheme
introduced by the Singapore government in December
2008 to help companies cope with the economic
downturn. The scheme helps Singapore companies
secure their short term financing lines by getting
them insured by commercial insurers against
insolvency risks, with the government support on a
portion of the insurance premium.
Starting from 2011, Coface Singapore also joined as
one of the insurance companies in the Trade Credit
Insurance Scheme (TCIS) introduced by International
Enterprise (IE) Singapore. The scheme provides a 50%
of the premium subsidy for qualified companies who
successfully purchase trade credit insurance.
Our mission in to facilitate trade between companies
worldwide and thereby contribute to the development
of global commerce
We provide receivables protection and management
services to help client-companies manage their trade
receivables with precision and ease. The offerings
have a modular structure, enabling solutions to be
tailored to each company’s specific organisation and
marketing strategy.
Singapore Companies Directory have strived to compile the most up-to-date
& comprehensive Singapore business contacts and database of
Singapore Companies and lists of foreign owned
companies in Singapore
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