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Banco Estado Shelves Syndicated Loan

Dec 13, 2007

Chile's Banco Estado, which several weeks ago put out an RFP for a 5-year loan of up to $350m, has postponed launch until early next year due to turbulent market conditions,...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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