|
|
|
return to the Euromoney Trade Finance survey 2011: Results index |
For example, Indian banks might have been charged 80 basis points for 90-day funding before the crisis, 6% at the height of the crisis and below 1% now. A US regional bank might have paid as little as 30bp before the crisis, had no access to the market at the height of the crisis, and now pays more than 1%. The differential in pricing is not based on conventional assessments of risk such as credit ratings, according to John Ahearn, global head of trade finance at Citi.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access