Land Bank’s hard landing
The Land Bank has already been downgraded to junk status. We asked acting CEO Sydney Soundy what the ramifications of this move will be
30 January 2020 - 05:00
As SA waits for ratings agency Moody’s to swing the axe — or not — the Land Bank has already been downgraded to junk status. We asked acting CEO Sydney Soundy what the ramifications of this move will be.
SS: To give you context: we are a development finance institution and so our responsibility goes beyond maximisation of profit...
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