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A battle over the soul of supply chain finance is raging as fintechs slam banks as outdated, banks accuse fintechs of being lightweights and the rating agencies who insist that trade credit is not debt
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
Aurangzeb Bozdar, group finance controller of Premier Oil, talks to CT about refinancing, project finance and hedging risks.