It offers 78,000 clients in 99 countries solutions in domestic and international credit insurance, investment insurance, prospection and credit information and receivables management. Clients benefit from access to two global networks, Credit Alliance and Info Alliance, which are structured around the shared management of credit risks (the Shared Risk System) and common products.

Rated AA by Fitch IBCA, the Coface Group recorded a consolidated turnover of € 1,085 million and a net result of € 85.1 million in 2003. It is still the world leader in export credit-insurance, France's leading source of credit information and management of French government export guarantees.

Cofacrédit, a specialist in export factoring, is a subsidiary of Coface (36%) and Factofrance (64%).

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• Coface