Why are Eurocredits not extended by one bank but by a large syndicate of banks?
What will be an ideal response?
Eurocredits are typically very large so that banks appreciate the opportunity to share the risk of default on the loan with other banks.
Business
You might also like to view...
When Ford and General Motors acquired the design skills of Ferrari and Lamborghini, foreign car companies, they were engaged in ________
A) expatriate management B) global learning C) global expansion D) offshore outsourcing
Business
According to Herzberg, the opposite of "satisfaction" is "dissatisfaction."
Indicate whether the statement is true or false
Business