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European banks seize the day to jump into Asian loans
Loans bankers in Asia are preparing for a very competitive 2015, with European lenders expected to turn up the heat as they increase their exposure to borrowers in the region. Asia's borrowers will be the biggest winners, able to take advantage of a deeper pool of liquidity to push pricing down even further, writes Rashmi Kumar.
Europe’s banks scaled back their Asian lending in the wake of the global financial crisis and this move accelerated when US money funds took fright at the European banking sector as the eurozone crisis blew up, depriving French banks in particular of easy access to the US dollars
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