Tag: loans

September 9, 2015 0

Dollar Based Loans Jump 600% in Saudi Arabia as Companies Raise Cash; What’s the Risk?

By News Desk

In yet another oil price crash side effect, Dollar Denominated Loans in Saudi Arabia Jump 600% . Dollar borrowing in Saudi Arabia has surged seven-fold this year as the kingdom’s companies switch out of increasingly expensive local currency-denominated loans. About 65 percent of all loans taken out in Saudi Arabia through Tuesday were in dollars, compared with 13 percent for all of 2014, according to data compiled by Bloomberg

October 19, 2014 0

Nonperforming Spanish Loans Near All-Time High as Overall Credit Shrinks

By News Desk

Nonperforming Spanish Loans Near All-Time High as Overall Credit Shrinks Posted by Michael Shedlock at 11:25 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)