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Asia

Asia is the largest continent. It contains approx. one-third of the Earth´s landmass. Approx. 4 trillion people live in Asia, which corresponds to approx. 60 percent of the world population.
The largest country on this continent is China with 1.34 billion inhabitants.

Economic OUTPUT (CHINA)

Currently: www.tradingeconomics.com
(Source: The World Bank 2012)

GDP: 8.358 trillion USD
GNI per capita: 5,680 USD
Main import partners: Japan, South Korea, USA, Germany, Australia
Main export partners: USA, Hong Kong, Japan, South Korea, Germany

"B2B" bankruptcy distribution

Average rate: 33,7%
Average process duration: 2,9 years
Average costs of insolvency proceedings: 23% of the insolvency value.


News

White Paper on the requirements of the GDPR

How will the GDPR influence debt collection? Will collection companies still be allowed to collect and process personal data? - Yes! That is the conclusion of a new White Paper, recently published by the German Association of Debt Collection Companies (BDIU).
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Late payment Europe

Under EU law, whenever business' clients pay their invoices late, late payment interest can be claimed.
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Collection Practice per Country

How complex is collecting debt around the world? Euler Hermes collection practices map
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Exchange Rates

1 € (EUR):
AUD 1.53020
CAD 1.52460
CNY 7.84810
GBP 0.88365
HKD 9.58140
INR 78.23900
JPY 135.53999
MYR 4.82600
MXN 22.81570
KRW 1306.92004
CHF 1.17580
THB 39.06900
USD 1.22550
20.01.2018 © EZB

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