France-based trade insurance provider Coface's entry into Ecuador has already sparked the interest of local companies, Coface Chile's marketing and communication manager Maria Jose Sebastian said.
Coface Chile's CEO Louis des Cars is currently in the capital Quito to open the local Coface office, he said.
Sebastian added that local banana and flower producers have already shown an interest in Coface's insurance products.
According to local press, Coface has also signed an agreement with the Ecuadorian government's export promotion agency Corpei designed to promote insurance products among local exporters.
Coface's two core businesses are credit insurance (domestic and export) and credit management services (credit information, trade receivables ratings, management and recovery). The group provides its insurance services to 78,000 companies through 56 offices worldwide.
Source: BN Americas
