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East West Debt, solving defaulted trade and bank debt

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about Gerling NCM Credit and Finance AG
'Gerling NCM Credit and Finance AG' with its head offices in Cologne - Germany is a merger of the Gerling Credit Insurance Group and Dutch NCM (Nederlandse Credietverzekerings Maatschappij). The merger of the Gerling Credit Insurance Group
and the Dutch market leader NCM took place in December 2001 and has been completed by July 2002. Also Gerling and NCM offices in France, Germany, Norway, Spain, Sweden, USA, Antwerp and London have been merged Both
companies can point to decades of experience and know-how in all aspects of receivables management and are among the
global players in the credit insurance market. GERLING NCM is today the second-largest credit insurer in the world with
a market share of 25% and a premium volume of € 1.1 billion, protecting world trade worth around € 350 billion.
- GERLING NCM's objective is to offer their customers excellent solutions for all their credit insurance and receivables management needs. Through the leading global network and comprehensive product range GERLING NCM can help companies worldwide to cover their trade risks as well as to secure and finance their trade receivables.
- International Network
- With GERLING NCM's full-coverage worldwide service network, GERLING NCM goes with you to new markets and guarantees you individual and professional
support through competent local personnel, ‘thinking globally, acting locally'.
- With GERLING NCM's presence in more than 40 countries around the world, GERLING NCM holds an outstanding
market position in Europe as well as North and Central America.
- GERLING NCM is also already favourably positioned to serve you in the
up-and-coming growth markets of Latin America, Asia and Australia.
- GERLING NCM offers you qualified service where you need it.
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- Products and Services from a single Source
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GERLING NCM continues to provide their proven products and services.
- The additional expansion of GERLING NCM's product range
to include innovative and complementary security solutions will enable you to profit from their variety of hedging concepts
from a single source.
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GERLING NCM offers you everything you need to stabilise and expand your business success-from classic credit insurance through innovative
financial services to professional support service.
- GERLING NCM's Partnership
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GERLING NCM is a professional partner and ready to assist you in all aspects of receivables management.
- GERLING NCM's objective is to offer
you holistic insurance solutions along the supply chain.
- GERLING NCM constantly monitors the latest developments and business
trends. This enables GERLING NCM to offer you stability and financial security at all times through customised products and efficient
service.
- Decades of experience coupled with an innovative spirit are the hallmarks of all GERLING NCM does.
- New Products and Locations
- New products have been developed such as Interim Credit Management and Structured Credit which offers financing of trade receivables through the capital markets
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New geographical locations have been established such as the new office in Curacao, to support trade and export in the Dutch Antilles.
A co-operation agreement was also signed for Latvia, and a joint venture established in Tunisia. top
- Standard & Poor's have given an A+ and Moody's an Aa3 insurance strength stand-alone rating to the whole of GERLING NCM, including the most important carriers. Together with GERLING NCM's commercial and political risk reinsurance treaty, this provides extensive financial security to customers and their financing banks.
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Links ECA's: CESCE COFACE COSEC DUCROIRE EKF ECGD EDC EKN ERG EXIM EXPORTERS FINNVERA GERLING-NCM GIEK HERMES HKECIC JBIC KEIC MIGA OeKB SACE
East-West Debt has made every effort to ensure the accuracy of this publication.
Neither the company nor any contributor can accept any responsibility for -including but not limited to- errors, omissions, opinions or advice given. This publication is not a substitute for professional advice and all information is for guidance only.
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