FT Sustainable Banking Report talks to BLN about business loans

Following our BLN BDO CFO Breakfast last week we were interviewed by the FT for a Report on Sustainable Banking. This came out today. Our Breakfast meeting discussed the state of the equity and debt markets with CFOs and FDs of high growth businesses across the region. They key takeaway from this discussion for me was that banks won’t start lending just because governments tell them to. They will only do so when their shareholders start asking the banks what their growth prospects are rather than trying to assess their exposure to risk. This happened in the US earlier in the year and this is the sort of trend that the UK will likely follow in fairly quick succession. Until then, companies are forced to wait.

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