As EDC’s Chief Representative in India, stationed in Mumbai, I have a front-row seat from which to watch India transform
Category: Receivables Insurance

France: an increase in payment duration
After an increase from 43.5% in 2017 to 47.5% this year, France has the second highest percentage of overdue B2B

Denmark: maintaining their credit-friendly stance
The survey’s biggest negative change in the proportion of uncollectible receivables was recorded in Denmark; up from 1.3% in 2017

UK: the highest proportion of overdues in the region
At 48.7%, Great Britain had the highest proportion of past due B2B invoices in Western Europe, significantly higher than the

Greece: heavily impacted by past due B2B invoices
Despite already posting the highest proportion of uncollectable receivables in the region, Greece’s average rose to 2.8% in 2018 from

Helping Canadian Companies Diversify and Grow Securely
In CBC’s coverage of the recent Economic Statement, it highlighted the “…attempt to nudge more businesses into pursuing export markets

Germany: late payments leading to revenue loss
Of the Western European countries surveyed, Germany had the second highest percentage of respondents (24.7%) who reported revenue loss due

Hungary: the most inclined to offer credit terms
In 2018, respondents in Hungary reported a significant increase in DSO and that the proportion of uncollectable B2B receivables also

Weathering the US storm: Economic Forecast for Russia for 2019 by Euler Hermes
The ‘new normal’ of modest growth predicted Russia GDP growth forecast to be 1.6% in 2018 and 1.5% in 2019

Sears Bankruptcy – What Receivables Insurance did for Policyholders
What a tremendous collapse! Sears was rated AAA as recently as 1980 (and actually was still a very trustworthy A-
