Friday
Jan062012
A ten item Trade credit insurance checklist to help prepare companies for 2012
Friday, January 6, 2012 at 02:57PM By Ron Doyle
While we all are wishing for a prosperous, productive and healthy 2012, we have to be realistic. At best, the world economy will experience slow growth or possibly a regional or global recession.
The annual reports of banks should show how much actual exposure they have to toxic sovereign debt and what provisions the banking industry will need to make. The situation will undoubtedly impose a need to raise capital. As I have stated before, this demand will impact the commercial credit markets, as banks will be required to restrict lending and demand higher credit quality.