Export credit agencies in vogue

For some industries, good things come out of bad. Export credit agencies (ECAs) are again stepping out in style. Richard Burton of Coface talks about the outlook for ECAs in Asia.

Q Post-Asian financial crisis, are export credit agencies ECAs in vogue again

A  The Asian crisis had the impact of bringing ECAs a little more to the forefront. Our view is that although currently, a majority of Asian companies don't use credit insurance, it is gaining popularity because they the Asian companies are competing more and more in the international scene with companies that are able to deal on open account terms. Credit insurance can play an important part in making trading on open account easy and reliable because it helps the seller to choose good buyers, help with collections, and of course guarantees the payment.

Q And why don't...

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