Bank lending conditions in emerging economies eased in 2014Q2, according to the latest
"Overall lending conditions in emerging markets eased for the first time since early 2013," said
The composite index of the
Graph Omitted (http://www.iif.com/press/press+475.php)
Both domestic and international funding conditions improved after being tightened sharply since 2013Q2 when market became concerned about the path of the Federal Reserve's exit from quantitative easing. Many emerging markets are benefiting from a recovery in mature economies which has improved conditions for trade finance.
Nonperforming loans continued to increase, a trend that banks expect to extend into 2014Q3 according to the survey. The IIF noted that this may explain the continued tightening in credit standards for loans, a trend that has persisted since 2011Q1.
For more information on the Survey, visit http://www.iif.com/emr/global/emls/.
[Category: Financial Services]
TNS 24HariCha-140731-30FurigayJane-4814888 30FurigayJane
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