Victor Castles

COSEC

COSEC is the leading insurer in Portugal in credit, offering the best solutions to support credit management and control in the domestic and foreign markets, as well as bond insurance. It is also responsible, on behalf and for account of the Portuguese State, for covering and managing export credits, bond insurance and investment insurance abroad, acting as the Portuguese Export Credit Agency. COSEC's Shareholder Structure combines the strength of the BPI, the 4th largest Portuguese financial group, and the experience of Euler Hermes, the biggest credit insurance group in the world. Founded in 29 December 1969, COSEC's long history translates into the following figures: Over 1,900 clients; Over 21 billion euros worth of transactions insured; Risk analysts teams' decide around 16,000 guarantees per month; About 305 thousand companies under surveillance; Present in more than 50 countries via the international group network.