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IntelliNews SEE Financial Sector Report
Emerging Markets Direct, Feb 2007, Pages: 17
The stock of credit to non-government has shrunk by 0.3% in January, in a seasonal pattern that was still stronger than in past years. It is premature to conclude that credit expansion faces obstacles, as much as key lending regulations are going to be removed by the central bank. The main driver for the credit narrowing in January was on the corporate side, as firms reduced their stock of local currency loans by 7.2% in a month. This may well have been the effect of more loans being “exported” by banks to their foreign parents once credit market liberalised.
The SEE Financial Sector Report offers an extensive summary of the most recent topics related to the SEE banking and insurance markets. It includes a complete coverage of the latest developments as well as the latest corporate news accompanied by statistical data. This sector report is ideal to keep you abreast on recent company and industry news. Written by local analysts, it is a unique market and business intelligence analysis, tailored to save time by providing in-depth information, while helping you to make confident and informed business decisions. The report covers the period October 2006 - February 2007.
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