At the top of the market, about one-third of their Asian loans were to Japanese multinationals.
The write-offs that Japanese and Western banks had to make on their Asian loans did not imperil them; European banks are still convalescing from the global financial crisis and are in a poor position to write off more billions.
The cuts, however, have been suffered almost entirely by Asian borrowers.In this section Fiscal flexibility Outsourcing capital Microfinance in cyberspace Bank rules in disarray Grim for the Zim Softly, softly Another coup Withheld ReprintsThe banks also had to get rid of their Asian loans in a hurry.
As U.S. budget and current-account deficits have continued, the Asian loans have accumulated.
Mitsubishi UFJ has an emerging-Asian loan book three times larger than JPMorgan's, two-thirds of it with non-Japanese borrowers.Pride comes before a fallFor China's banks the lessons lie mainly in the rapid fall, rather than the slow rise.
Perfectly (meaning modestly) scaled, with the kind of Asian art loans — matchless in quality, straight from the source — that we rarely see here anymore.
Many Asian economies' loan-deposit ratios were near or above 100% when the Asian financial crisis hit in 1997-98.
Today, July 3rd a preliminary event will take place in Coney Island and it features Asian elephants on loan from the Ringling Brothers® circus (how perfect) and humans.
To meet demand, ADB member countries have agreed to a 200percentt increase in the bank's ordinary capital resources and to speed up disbursements from its soft-loan Asian Development Fund for the poorest countries.
The phonetic resemblance between Ved. vrīhi, Persian birinj etc. and Tibetan mbras 'rice', independently noted by Witzel, Ferlus and others, suggests the possibility that the south Asian forms are loans, possibly independently made, from one or several early Tibeto-Burman languages, although the phonetic path is far from clear.
