One method is to switch the foreign currency loan back into sterling if you think that sterling will weaken significantly - more than a possibility.
NDFs can be used to create a foreign currency loan in a currency, which may not be of interest to the lender.
Are you going to sell your customer's foreign currency forward, take out a currency loan or cover it some other way?
They should take a trip to Iceland and have a chat - primarily about defaulting on those foreign currency loans.
Adequate demand must exist for external currency loans from corporations and governments.
Foreign currency loans from banks are often used to finance such expansion and diversification.
Foreign currency loans are used extensively in foreign trade finance.
However, the number of the foreign currency loans was only 15% of the whole loan stock.
At the same time the entrepreneurs who had taken foreign currency loans got into an extremely difficult situation.
Its country's central bank cannot receive currency loans; its own reserves are located in Jersey.