Parched lenders will shun dollar loans

29 Sep 2008

The lack of dollar liquidity that is squeezing Asian banks will have a big impact on the syndicated loan market. A seismic shift away from US dollar lending is on the cards.

If the loan market is in trouble, then things must be bad. After years of touting its resilience to global shocks, the Asian loan market has been gripped by the wave of panic that has brought down banks across the US and Europe. Things have to change, and ...

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