Secured lending – on airport landing slots. Are we back in 2007?
Published on 28 April 2017
In delivering a course on Advanced Cash Management yesterday, we always have a portion about Notional Pooling as a variation on cash-collateralised lending, and an explanation of Risk-Weighted Assets and credit risk generally. I usually bring on the example that no lender should advance funds to a low-cost airline without security, […]