Debt dilemma

Refinancing risk


Banking regulators around the world are demanding that banks reduce their leverage, shrink their balance sheets and limit the scope of business they undertake, which inevitably is having a significant impact on their ability to extend loans to customers. Equity markets, meanwhile, remain in the doldrums for fundraising purposes and bond market conditions are challenging.

This does not appear to bode well for the funding efforts of many companies in the region - some of which are already facing

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