Lending is how modern banking began. In the middle-ages, financiers and borrowers in Northern Italy gathered on benches to agree loans, hence the terms banking (from banco - the Italian for bench) and Lombard lending (from Lombardia – the name of the region). Centuries later, the traditional business of lending is enjoying a renaissance. In this paper, we look at structured lending, its benefits, risks and innovation opportunities, including peer to peer.
STRUCTURED LENDING
Published: 18 September 2018