Syndicated loans market returning to pre-crisis levels

In a conversation with FinanceAsia, Philip Cracknell, global head of syndications at Standard Chartered, assesses the current climate for the region''s loan market.

FinanceAsia How would you assess the performance of the loans market across Asia for the first part of the year

Philip Cracknell It's been pretty good. Before the Asian crisis, the volumes of syndicated loans were high, about $176 billion from over 1,500 deals, so it was a huge market with a lot of activity. Then the Asian crisis hit at the end of 1997 and the volume went down in 1998 to $75 billion. It started to pick...

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