Uncertainty reigns in Asian loan market, survey shows
Asian bankers remain deeply divided on the prospects for the region’s loan market in the first quarter of 2009, with some 43% expecting volumes to look even worse than in the fourth quarter of last year, according to a survey held on euroweek.com/asia.
20% of respondents predicted volumes would remain flat to the last quarter, but 37% said business would improve markedly, showing a surprising lack of consensus among market participants.
The Asian loan markets finished 2008 in disarray, with borrowers struggling to refinance existing debt and few lenders willing to
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