![IBOR transition: the next challenge for global financial markets, institutions and actuaries](/upload_mm/3/8/6/cid4026_1717164904308_IBOR_738x392.jpg)
Kennisbank • Chris Wijnbergen MSc
London, 1969. A Greek banker is in the process of
providing an $80 million loan to the Shah of Iran.
However at the time, nobody knew that the end
result of this loan would become a critical component in today’s global financial markets.