Euro zone crisis will stress Asian bank funding: RBS
The British lender believes that regional banks reliant on external borrowing, particularly short-term debt, could experience some stress due to the Euro zone sovereign debt crisis.
Asian banks that rely on external borrowing, especially short-term debt, to operate could suffer from funding stress due to the Euro zone sovereign debt crisis, believes the Royal Bank of Scotland (RBS).South Korean banks could be particularly vulnerable, it said in an October 3 research note written ...
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