AFF 2014: Asian Market Ripe for Trade Credit Insurance
14 January 2014
Fabrice Desnos, Regional CEO of Euler Hermes expects intra-regional trade to increase by 80% in the next 10 years. And as companies move from traditional letters of credit to open account credit terms, he expects the market for credit insurance products to grow. Bond and sureties will provide useful alternatives to bank guarantees, especially for infrastructure projects.