GC Asia
Loan volumes up but confidence down amid fears of Basel rules
Loan bankers are a tough crowd to please. European syndicated lending volumes are up 22% compared to the first two months of 2010. But with their confidence in the market starting to wane, bankers increasingly expect an end to lending growth as regulatory pressure increases.
According to data provider Dealogic, transactions in the European syndicated loan market totalled $95.3bn in January and February. The result is a healthy increase over 2010, but still falls short of the $125.6bn reached in the first two months of 2009.
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