Europe Woes Hit Asia Trade Finance as ADB Loan Demand Soars – BusinessWeek
 Bloomberg |
Europe Woes Hit Asia Trade Finance as ADB Loan Demand Soars
BusinessWeek 6 (Bloomberg) — The Asian Development Bank is preparing for a surge in demand for its trade financing, with a pull-back in lending by European banks risking a greater credit squeeze for some Asian nations than seen in 2008. “The trade-finance program … East Asian economies facing euro headwinds ADB Sees Risks for Emerging East Asia Rising risk of Eurozone-US recession threaten Asian economies: ADB |
