ME company loans hit $54bnMiddle Eastern firms agreed syndicated loans worth $54 billion in the first half of this year, up from $44 billion the same period last year, despite the global credit crunch, according to Reuters Loan Pricing Corporation. There was a raf More… |
Credit woes easing says FedTop US Federal Reserve officials have cited progress in alleviating months of turmoil in financial markets, but said a full return to normalcy was still some time away. The recent credit woes underscore the need for banks to hold "generous More… |