Excess liquidity can lead to sloppy banking
The head of BNP ParibasÆ energy and commodities group in Sydney says when markets become heated, proper risk assessment is needed to avoid disaster.
Prema Balakrishnan runs BNP ParibasÆ energy and commodities export project ECEP in Sydney û a division of the bank that provides project and trade finance solutions along the export value chain.
While BNP Paribas has ECEP divisions dotted around the world, including Singapore in Asia, the Australian office has become the Asia-Pacific regional hub for the bankÆs mining and resources activities. These include providing finance to small-to-medium mining companies but also providing commodity price risk management and making evaluations for...
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