Collateral-backed loans were a safe space for banks. Maybe not any longer
Stress in secured loans reflects lingering concerns even after the central bank cracked down on unsecured lending frenzy ...
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NWD Plans Loan Refinancing, Offering Properties Worth $100B+ as Collateral: Report
NEW WORLD DEV (00017.HK) has offered properties valued at US$15 billion (around $116.7 billion) as collateral for loan refinancing, Bloomberg, citing sources ...