Banks face major property losses
Banks face major property losses
- Independent 12//4/90 p30 .
According to the credit rating agency IBCA, British and foreign banks lent too much and too quickly to property companies during the development boom and now face major loan losses.
INVESTMENT
LENDING
RECESSION
According to the credit rating agency IBCA, British and foreign banks lent too much and too quickly to property companies during the development boom and now face major loan losses.
INVESTMENT
LENDING
RECESSION