Date:
Monday 5, December 2016
Media: The Irish Time
Media: The Irish Time
What
happened?
The
agreement will enable Origin to provide higher loan-to-value (LTV)
funding for projects across a wide variety of asset classes, and also
to compete for larger transactions.
Whom
and where it affects?
Origin
Capital, a Dublin non-bank lender, and Morgan Stanley is an American
multinational financial services corporation.
This affects all irish
entities who need funding
What
sort of public or private institutions are involved?
The
institutions involved are Original Capital and Morgan Stanley
Why
is it important for Banking and Finance?
It’s
the main alternative of traditional banking lending. Irish
businesses, as borrowers, are desperately seeking funding solutions.
However, banks, “the traditional lenders”, don’t give them
answers.
What
do you think will be the consequences in the foreseeable future?
The
agreement will enable Origin to provide higher loan-to-value (LTV)
funding for projects across a wide variety of asset classes, and also
to compete for larger transactions.
In
this case, we can see how disintermediation is produced. The
traditional banks will be replaced by non-bank financial institution.
Key
words: Transactions, Lending, Dublin, Irish businesses
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