Bank lending to emerging markets down 20%

by | April 11, 2013 4:59 pm



Lending by banks to emerging markets fell sharply last year, while Western banks continue to deleverage, a private debt fund manager has said. In 2012, $276 billion of new syndicated loans were made to companies in emerging markets compared with $343.2 billion in 2011, according to Cordiant, the emerging markets investment manager. Even in Asia,…

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