“Banks need money by way of raising deposits. More importantly, they need capital.” So said John Grout, technical director at the Association of Corporate Treasurers (ACT).
There’s no denying that banks are not bending over backwards to offer borrowing at present, and it’s true that polite requests for credit are increasingly being met with polite refusals. So how can FDs take a proactive approach and improve their standing with their main relationship banks?
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