Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (email@example.com) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
While European Union proposals to limit the time corporates have to make payments in commercial transactions will bring relief to some suppliers, many buyers will face higher debt and lower liquidity. Supply chain finance could be a practical and effective solution to managing working capital efficiently under the EU payments directive, says RBS’s Ugur Bitiren.