The interest rate indicators for variable-rate financing have generally reached negative levels beginning with March 2015. Unfortunately, this situation, which is generally favorable for municipalities and companies, is clouded by the fact that many of the advantages of low or negative interest rates (hereinafter “negative interest rates”) are not passed on to the municipalities. First […]
Claims arising from non-compliant interest rate adjustment – negative interest The interest rate indicators for variable interest rate financing (such as Euribor or Libor) have generally reached negative levels beginning March 2015 (earlier in CHF terms). Unfortunately, this situation, which is generally favorable for municipalities and companies, is clouded by the fact that many of […]
Visit us at the Städtetag in Rust from May 2019, 22nd – 24th in Rust. At the 69th Austrian Cities Conference 2019 in Rust, the FRC will be represented. We would like to discuss your financial topics with you. If you want to fix an appointment with us, contact support@frc-consult.com.
For some years now, credit platforms have developed in the area of lending to private customers (B2C) and to corporate customers (B2B). As part of a credit platform, a borrower is brokered online to a lender or vice versa. In Austria too, most banks have a so-called “online lending” and the topic “crowdfunding or crowdlending” […]
Our services Analysis and optimization of existing financing and formal review of contracts (conditions, rounding, contract clauses, interest surcharges, etc.) Creation of a balanced financing portfolio Financing alerts with the banks – we know the market and compare the financing parameters. Computational review of current cash flows (credit and leasing rates, interest rate adjustments, etc.) […]
Now that FRC-Finance & Risk Consult GmbH (FRC) has established itself as a well-known service provider for Austrian municipalities in the field of finance, FRC is starting a sustainable partnership with Kommunalnet. The purpose of this partnership is for the Austrian municipalities to gain sustainable know-how in the field of financing and risk management via […]
In the autumn of 2017, we informed you about the topic “negative interest rates”. Here we have the following update: In the meantime, many companies, municipalities and cities have asked the banks to book the negative interest rates on the credit accounts and also to carry out the future interest payments taking into account the […]
The City of Neusiedl am See has successfully used our services in financing. By analyzing existing loans and taking advantage of the still rather low interest rates, it was possible to achieve a high level of savings for the city. Read more here: Savings Municipality Neusiedl am See. If there are any problems with the […]
As is known, the interest rate for financing has declined significantly in recent years. The relevant interest rate indicators for variable-rate loans have, for years, fallen below the limit of 0 and are still negative (3M-EURIBOR since 2015, 3M-CHF-LIBOR since 2014). This favorable situation for borrowers is saddened by the fact that lenders often do […]
The route is the goal… Setting up processes Within the scope of their business activities, payment flows in foreign currencies also occur regularly for companies. For the management of these, predefined rules and processes should be developed. For this, it is necessary to analyze the processes in the company. Thus, payment streams should be centrally […]
