Is the world economy back in limbo?

After two years of strong growth, the global economy is back in the 2015-16 limbo. Euler Hermes expects +2.7% global growth in 2019 and 2020

Days Sales Outstanding

In line with the economic slowdown, companies preemptively reduced payment delays in 2018, except for Mediterranean countries

SMEs in Europe lack an estimated 400bn of bank-financing

Small and Medium Enterprises (SMEs) represent more than 99% of all European non-financial corporates and depend on banks for 70% of their external financing. Besides generating close to 60% of total Gross Value Added, they employ over 90 million people. Euler Hermes’ new study focuses on SMEs as critical actors in the European economy; it estimates the bank financing gap for SMEs in the Eurozone as a whole and in six main countries: Germany, France, Italy, Spain, the Netherlands and Belgium.

Open Data Portal at Euler Hermes - Jennifer Baert interview

At Euler Hermes, data is key! The more data we have on companies, the more credit we can give to our policy holders. It is clear to us that if we want to stay relevant in our credit risk assessments but also to better serve our customers, we need to use more than traditional data.

1-10 out of 415 results