Many long-standing retail chains are highly indebted, often from leveraged buyouts led by private equity firms, while investors reconsider further lending.
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Latin America's resilience is demonstrated by the stronger macroeconomic policy frameworks, improved banking supervision, and higher official reserves.
Our survey found an average 12% increase in overdue invoices during the past year, and 47% of the total value of B2B sales on credit currently remains unpaid at the due date.
To minimise the risk of incurring severe liquidity issues amid late or non-payment by B2B customers, companies polled in Romania took a wide range of measures.