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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