The new edition of this popular title has been expanded to cover the international aspects of lending, in particular, the Middle East, Africa and South America. It covers the impact of the latest techniques of lending assessment as well as legal issues concerning lending to corporate and private individuals. It features chapters on acquisition finance, franchising, factoring and control of a lending portfolio. It also offers a perspective on the increased use of technology against traditional lending techniques.
Some highly topical areas have been expanded. Soverign risk has been incorporated and the whole area of rating agencies has been updated to include the difference between the ratings and the primary need of the banker, i.e. the Probability of Default. Finally there is now greater emphasis on the analysis of cash flow and the switch by lenders from the analysis of profitability and the need to produce and use cash flow projections."
Nick Rouse Colin Bell is a bank training consultant and director of DC Gardner. He previously worked for 25 years as a banker with a number of international banks in both London and North America. Alastair Graham is the Managing Director of The Global Association of Risk Professionals based in London.