Shrinking EM pricing cutting Europe’s lenders out
European emerging market loans bankers are increasingly finding that pricing has dropped out of the market, with borrowers claiming to be able to access loans substantially below the level some banks are able to offer.
Pitching has intensified in recent weeks in the CEEMEA loans market, with borrowers from all over the region talking to banks for funding. Nearly all of the borrowers doing the rounds are all well known in the market, according to two bankers. Kazakhstan’s banking sector is still cut
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