LatAm bank lending tightens: IIF

LatAm bank lending tightens: IIF


Latin American banks tightened their lending criteria in the first quarter, in anticipation of rising bad loans, according to a survey by the Institute of International Finance released last week. Growth in non-performing loans pushed banks to tighten standards for businesses and consumer real estate credit, the survey found. That, alongside low investment in the region, pushed down corporate loan demand. Demand from households for credit also fell, the survey found. Banks saw little change in t

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