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Banking

Borrowers turn into lenders

A media report may say it has exclusively revealed that borrowers have turned into lenders to banks - but Euromoney got this first in October 2011


A set of media reports today say it can exclusively reveal that "borrowers have turned into lenders as banks tap firms for cash" .... so Euromoney thought it would be a good time to remind our readers that we did a big report on this back in October 2011:




In an historic reversal of the old order, corporate treasurers are now assessing the risk profiles of banks before doing business with them. And some leading companies are so worried about the state of the financial sector that they’re even considering setting up their own bank. Louise Bowman reports



For the full in-depth feature, click here



- Euromoney Skew Blog


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