Analysis and Studies - Studies

Atradius Warns Insolvencies Ahead Amid Asia Payment Delays

Trade in Asia underwent a positive growth stage, nevertheless, such growth goes handin hand with an increasing risk of insolvency, as late payments and the withdrawal ofgovernment support packages have had a negative impact on the ability of companiesin the region to maintain adequate cash flow.

Half of all B2B invoice payments in Asia are overdue, as shown by the latest edition ofthe Atradius Payment Practices Barometer for Asia, which polled 1,200 businessesacross China, Hong Kong, Indonesia, Singapore, Taiwan and the United Arab Emiratesduring Q2 this year.

While this is a slight improvement from the 52% figure in last year’s report, which wasbased on polls carried out at the peak of the Covid-19 pandemic in March, it proves that…

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