Eurozone troubles to hit Asian loans market

18 Jul 2011

Worries over a Greek default and an overarching eurozone crisis could adversely impact liquidity in the Asian syndicated loans market, knocking European lenders out of the game. Asian banks will be expected to step up to the plate in response, loans bankers expect.

Protracted concerns over a Greek sovereign default and its impact on the eurozone will likely cause jitters in the Asian syndicated loans market.

European lenders are likely to exercise more caution when joining retail syndication for Asian borrowers. Due to their contribution to Asian liquidity, it could create a ...

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