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The syndicated loan market

Blaise Gadanecz

BIS Quarterly Review, 2004

Abstract: The syndicated loan market allows a more efficient geographical and institutional sharing of risk. Large US and European banks originate loans for emerging market borrowers and allocate them to local banks. Euro area banks have expanded pan- European lending and have found funding outside the euro area.

JEL-codes: G10 G20 (search for similar items in EconPapers)

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