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Coface Sigorta A.S. (Turkiye)

Main Activities: Insurance Carriers
Full name: Coface Sigorta Anonim Sirketi Profile Updated: December 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Coface Sigorta Anonim Sirketi is a company located in Istanbul, Turkey. With over 75 years of experience and a well-established international network, Coface has become a reference company in commercial credit insurance, risk management, and the global economy. The company aims to be the most agile global partner for commercial credit insurance. Coface has approximately 4,721 expert employees who work in line with the world economy and support around 50,000 customers in establishing successful, growing, and dynamic businesses in 100 countries. The company's services and solutions protect businesses and help them make credit decisions to improve their sales capabilities in both local and export markets. Coface is a subsidiary of Natixis, the corporate, investment management, and financial services division of BPCE, the second-largest banking institution in France. The company is financially strong, with a solid business capital, minimal financial debt, and a strong international brand. It has been rated AA- by Fitch and A2 by Moody's, with a stable outlook from both rating agencies.

Headquarters
Emaar Square F D:70 No:82f Unalan Mahallesi Libadiye Caddesi Uskudar
Istanbul; Marmara; Postal Code: 34700

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Website: http://www.coface.com.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
October 06, 2006
Key Executives
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Chairman
Company Performance
Financial values in the chart are available after Coface Sigorta A.S. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-8.04%
Operating profit (EBIT)
-15.66%
Net Profit (Loss) for the Period
-21.42%
Total assets
83.39%
Investments
119.52%
Receivables
79.91%
Total equity
51.66%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-23.07%

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