Newsletter - December 2008
Preface - Raymond van der Loos
Dear customer,
We are in the final days of 2008 with the expectation that the current crisis will change in 2009 into liquidity problems for companies. The first signs of an economic recession are visible and payment behaviour is getting worse, which in turn leads to an increased importance of the cash flow situation within all businesses. Read more…
Atradius Collections offers one global operating platform
Atradius Collections has reached a critical milestone. During the weekend of 6th/7th December, the
US branch of Atradius Collections migrated to our operating platform Score. Now all Atradius Collections units are operating on the same platform and all countries are fully aligned. Read more…
Atradius reports on emerging markets in
Latin America and Economic outlook after the credit crisis
Two Atradius reports were recently published: ‘A complex Picture Investing and trading in
Latin America’ and ‘Economic outlook: Negative expectations’. The first report describes the outcome of a survey that was done under executives operating in the main Latin American countries. The report on the economic outlook provides you with an up-to-date analysis of the current economical situation. Read more...
Economic conditions are accelerating the rate of change in the debt collections market.
In the November 2008 issue of Credit Today current developments in the debt collection market are described. It is clear that economic conditions are accelerating the rate of change in this market. ‘While more work may be coming in, most debt collection operations are struggling to get settlement of debt in the same way, particularly of large sums’ says Ken Maynard, chief executive of debt buyer Cabot Financial. Read more...
Collateral damage: “What the crisis in the credit market means for everyone else”
The Boston Consultancy Group has issued a publication in October 2008 on the implications of the credit crisis. Given the dramatic events in the capital markets everyone is wondering what will happen next and what it means for the wider economy.
Read more...
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