 |
|
Trade risk |
|
|
|
|
|
Credit insurance is a recent phenomenon in Asia. Until a few years ago, most companies relied on their in- depth knowledge of their clients. When this relationship did not exist, banking products will be an alternative solution.
During and after the 1997 financial crisis, relying on old relationships did not prove to be an absolute guarantee and not every bank was as solid as they first appeared. A need to find new markets and clients quickly made it more difficult to rely on past experiences.
Credit insurance provided a solution in these cases, hence its expansion over these years has been tremendous. |
|
|
|
|
|
|
|
|
|
|
|
 |
Benefits of credit insurance |
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
Home
