Coface: rating maintained by Fitch
(CercleFinance.com) - Coface reports that Fitch Ratings has confirmed its 'AA-' financial strength rating (IFS) with an outlook remaining 'stable', reflecting Coface's very good business model and strong capitalization, as well as high profitability through the cycle.
Coface continues to maintain a sufficient safety margin to cope with more difficult macroeconomic conditions and an increase in corporate default risk over the next 12 to 24 months, the rating agency adds.
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Coface continues to maintain a sufficient safety margin to cope with more difficult macroeconomic conditions and an increase in corporate default risk over the next 12 to 24 months, the rating agency adds.
Copyright (c) 2024 CercleFinance.com. All rights reserved.