Exact(7)
Securitisation is supposed to turn a long-term banking relationship, ie, a loan, into an arm's-length transaction, the sale and purchase of a security backed by loans.
Still, the introduction of a common currency, the euro, in 1999 may have created a long-term banking boom for Europe.
While Dodd-Frank created important financial safeguards like the Consumer Financial Protection Bureau, even stronger long-term banking reforms were left on the sidelines.
There is no long-term banking credit around, or shareholder support, for oil sands plants which cost billions and need 25 years to pay off.
The real economy was dominated by a relatively small number of large corporations -- mechanisms to fund startups or finance the middle market were nascent, at best -- which were either self-funding or that had long-term banking relations when borrowing was necessary.
Although the cryopreservation of human islets would be beneficial in enabling their future use, a true long-term banking of functional islets has not been reported.
Similar(53)
In contrast, Japan's long-term banks unhappily chased after riskier borrowers such as property developers and "non-bank" financial companies and came badly unstuck.
That has to change: funding such holdings with short-term debt is frowned on, and long-term bank debt is hard to come by.
The upshot of the ECB's €1 trillion in long-term bank lending is that sovereign premiums were temporarily depressed...by national banks that purchased sovereign debt to post it as collateral at the ECB.
Long-term bank loans.
LNGBNK is the ratio of long-term bank debt to total debt.
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