The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Opinion

Off the Record

"I would rather invest in a five-times levered company with no refinancing requirement than a two-times levered company that needs to refinance"
A commentator emphasizes just how concerned investors are about the wall of corporate refinancing that has to be tackled over the next few years

"Rating agencies always say that they rate through the cycle. But then they say that no one knows what the cycle is going to be so actually they are going to downgrade you anyway"

A European treasurer expresses his continued frustration with the rating agencies

"It’s always a dangerous thing when a desperate CEO tries to prove his manhood"

A former Citi banker still can’t believe Chuck Prince’s decision to buy a 20% stake in Turkey’s Akbank in January 2007

"It’s the same in Kazakhstan, Ukraine, Bulgaria and Romania: if the banks took an honest look at their balance sheet and wrote down what they needed, they’d all be bankrupt. The regulators are happy to look the other way, because what other option do they have there?"

A London-based banker takes a pessimistic view of central and eastern Europe

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree