Entries by treasuryXL

Forward Rate Agreement (FRA)

| 05-01-2018| Arnoud Doornbos | Money Market outlook At the press conference on 14 December 2017, the ECB announced that expectations for economic growth and inflation have been adjusted upwards. But despite optimistic growth, the ECB is not yet fully convinced of a continued upward trend in domestic price pressures. And thus Draghi: “An ample […]

Cashforce: Treasury year-end meetup

| 04-01-2018 | Nicolas Christiaen | Cashforce | Sponsored content | Onderstaand een kort verslag van ons Treasury year-end meetup-event van eind 2017.  Tim (Jonk – Thomson Reuters) en Martijn (Duijnstee – Cashforce) trapten af met een (uiterst!) korte terugblik op 2017 want alle ogen waren eigenlijk al gericht op het progamma waarin de 3. Top-challenges 2018 voor corporate treasurers […]

Commercial Paper – alternative short term funding

| 03-01-2018 | treasuryXL |   There are many different products that a company can use to meet its funding requirements. These products mainly fall into (but are not exclusive to) 2 major categories – equity or debt. Within both categories that are many different bespoke products that can be used. Debt can be either […]

Bitcoin mania: what is it not?

| 20-12-2017 | Carlo de Meijer | During our stay in South Africa I was reading an article in Die Burger (newspaper for Afrikaners) where a spokesman of Cape town-based PWC gave his ideas on the recent rise of Bitcoin and the future of Blokketting (Afrikaans for Blockchain). This inspired me to write this blog. Since […]

Credit ratings Healthcare- a Fitch seminar

| 19-12-2017 | Lionel Pavey | On 29th November treasuryXL attended a seminar organized by Fitch Ratings in Utrecht. It was a presentation by Fitch that explained the approach they had taken to determine credit ratings for 2 different entities within the Dutch healthcare industry: Stichting Elisabeth-Tweesteden Ziekenhuis in Tilburg – a hospital, and Stichting […]

Intercompany financing – complying with procedures

| 18-12-2017 | treasuryXL | Many businesses (not just multinationals) finance the operations of their subsidiaries/affiliates via intercompany loans. During the financial crisis external funding became more difficult to obtain, and more businesses attempted to finance their operations internally. Whilst this can be a good procedure, consideration must be given to the fact that the […]

Alternatives to banks – Is Fintech the answer?

| 14-12-2017 | treasuryXL | With the steady rise of Fintech within the finance industry some people are already calling for the demise of banks as the historical financial partner of choice for corporates. Certainly, Fintech is showing itself to be very dynamic, offering many new products and solutions, and being a lot swifter than […]

Gebrek aan voortgang in Voortgangsrapportage Rentederivaten MKB

| 13-12-2017 | Simon Knappstein | De voortgangsrapportage van AFM die op 8 december 2017 gepubliceerd werd, bevat vooral oud nieuws. Er is verdere vertraging en zelfs de nieuwe door de banken afgegeven planningen zijn onzeker. Wat dat betreft had de AFM het passender “gebrek-aan-voortgangsrapportage” kunnen noemen. Het beeld wat blijft hangen na het lezen […]

Eurozone economic prospect – Goldilocks meets the bears?

| 12-12-2017 | treasuryXL | The markets and the ECB feel that the economy is doing very well. It can be compared to Goldilocks – not too hot and not too cold. Is it possible that the Eurozone could be entering a period of continued growth with little or no immediate prospect for rising inflation? […]

Who to choose: A generalist or a specialist?

| 11-12-2017 | Olivier Werlingshoff |   During the last few months this question has been on top of my mind. Is it better to specialize yourself and start a specific study? First, we need to look at the definitions of both; a specialist is a person who is highly skilled in a specific and […]