Interest and currency management testimonials
Feederlines (Jan van der Laan, algemeen directeur):
"As finance director of a shipping company I find that maximally reliable information on currency risks and interest-rate developments is essential.
"As finance director of a shipping company I find that maximally reliable information on currency risks and interest-rate developments is essential.
These areas are undergoing very rapid changes. Self-evidently, we take note of the advice provided by our (principal) bankers. But can a bank ever take a completely independent stance?
In the past few years ICC has helped us determine whether the bank's recommendations are in the best interests of our company. ICC is unparalleled when it comes to independent assessment and advice on various interest rate and currency structures. When all is said and done the company takes its own decisions. But only after extensive and constructive consultation with ICC.
On an ongoing basis, ICC provides us with guidance on currency and interest rate matters. Its support in regard to cash management is invaluable and has helped us realize significant cost savings on bank charges as well as purchase/selling prices on foreign-exchange markets.
A direct line to our advisers at ICC enables us to respond adequately to new developments.
Consulting ICC has absolutely been one of our better business decisions in recent years."
Nieuwe Steen Investments N.V. (Anka Reijnen, financial director and Miranda van Graas-Beets, controller):
"Nieuwe Steen Investments calls in ICC as its advisor in the background in assessing financing, interest rate and treasury issues and proposals.
"Nieuwe Steen Investments calls in ICC as its advisor in the background in assessing financing, interest rate and treasury issues and proposals. ICC has a clear opinion, reacts quickly and professionally and, due to its client network, is always abreast of current developments in the market, which makes a valuable contribution to the decision-making process"
Nijhof-Wassink Group (Gerrit Hoekstra, financial director Nijhof-Wassink Group / senior controller Nijhof-Wassink International Transport):
"ICC has actively supported the Nijhof-Wassink Group as it reconsidered its principal banker in 2008.
"ICC has actively supported the Nijhof-Wassink Group as it reconsidered its principal banker in 2008. Following an extensive review in the areas of financing and international cash management, ICC helped us devise a new structure with sufficient flexibility. This has enabled Nijhof-Wassink to achieve its strategic objectives at adequate pricing.
I wish to emphasize that the process has been very successful, not least because of ICC’s active and professional part in the procedure. After drawing up the Request for Proposal it supervised our presentation to the banks, then evaluated and elucidated various aspects of the banks’ proposals. In addition, ICC astutely guided us through the negotiations with the banks while giving advice on the choice of a principal bank that suited our requirements.
ICC is now providing Nijhof-Wassink Group with expert support in the area of Treasury management, including the mitigation of market interest risks."
Koninklijke Joh. Enschedé (Koninklijke Joh. Enschedé (Frans Dombrée, CFO):
"ICC is very good at helping businesses with a limited treasury function take up a strong position during negotiations with financial professionals.
"ICC is very good at helping businesses with a limited treasury function take up a strong position during negotiations with financial professionals. ICC is familiar with the current market conditions and circumstances, and makes this know-how readily available during the negotiation process. This impacts positively on the outcome. ICC has a thorough knowledge of its client’s situation, which leads to better solutions."
Van Wijnen (Bob Post, CFO):
"ICC has assisted Van Wijnen’s refinancing of the group in both 2005 and 2008.
"ICC has assisted Van Wijnen’s refinancing of the group in both 2005 and 2008. This required the financing structure to be completely in line with Van Wijnen Group's specific dynamics, strategic objectives, and financial strength. ICC supported us throughout both financing procedures to our complete satisfaction. With their help we succeeded in refinancing twice under the best possible market conditions.
For many years ICC has continuously supported our Financial Management in the execution of the group's Treasury Management when it comes to dynamic monitoring of global economic developments and interest-rate movements. ICC identifies risks as well as opportunities, while helping us choose appropriate products for the coverage and real-time pricing of interest-rate products. To date Van Wijnen has been very happy with the results."
Annexum Invest B.V. (Annexum Invest B.V. (Simon Hoenderop, CFO):
"ICC has worked with us on developing a well-founded interest rate outlook.
"ICC has worked with us on developing a well-founded interest rate outlook. Its advice certainly helps to keep the banks on their toes. For a real estate investor, financing and interest rate management is of great strategic importance, and an independent consultant is indispensable."
Coulisse BV (Coulisse BV, (Christiaan Roetgering, directeur en Susan Braamhaar, controller):
"We have been in contact with ICC since October 2006.
"We have been in contact with ICC since October 2006. Based on their expertise and independent vision they provide us with advice on currency and interest rate issues on a regular basis. As ICC’s recommendations are both sound and objective we always come fully prepared when negotiating with the banks."
