Diamond Finance At Its Best
|
Diamond Finance At Its Best
|
|
|
Basel 2 Review Package
CFO Plus has international banking product designed to help diamond companies evaluate and improve their risk profiles with their banks. A bad risk profile can result in higher capital requirements or higher interest rates. Prepared by diamond bankers and CFOs, the package is suited to diamond companies in all the major centres. Now is a critical time for diamond companies as the 31 December 2007 financials will be critical to their 2008 risk ratings. In 3 months’ time it will be too late ” Professor Bart Baesens of the Faculty of Economics and Applied Economics at the Catholic University of Leuven, Belgium, and who lectures on Basel II comments “Basel II is forcing not only banks, but also companies, to understand and identify all of their risks and manage them more effectively. This will mean ensuring sufficient equity to cushion them against adverse conditions” As the central banks will be responsible for supervising individual banks and inspecting their Basel II procedures, lunch with the branch manager will not be enough to ‘sort out the problem.’ For further information go to www.diamondfinance.info/basel2.htm or contact CFO Plus directly.
For More Information Contact: |
|
|
Send mail to
info@cfoplus.eu with
questions or comments about this web site.
|
