Coface Run Regional Operations From Turkey

French debt collection and credit insurance company Coface has announced plans to run its operations in the Middle East and Southeastern Europe from its Turkey office. Starting from 2011, Coface’s 13-year-old Turkish branch will also handle the company’s business in the countries surrounding Turkey. 

“The dynamism of the Turkish economy and the companies in the country made Coface Turkey worthy of this responsibility,” said Coface Turkey’s Director General Belkis Alpergun, underlining Turkey’s high performance during the financial crisis, which the country has managed to turn into an opportunity. 

As it prepares to run its regional operations from Turkey, Coface already has offices in 67 countries, controlling a portfolio worth over USD 500 billion.