Magazine date:
Jul 2009 Established in 1946 by the state and privatized in 1994, COFACE, the company specialized in exportcredit insurance, is embarking on the rating business. It is targeting a 10% to 15% market share for the next five years. The rating sector is currently in the hands of the Anglo-Saxons: Standard & Poor's, Moody's, Fitch and AM Best.