Work

The syndicated loan market: structure, development and implications

Year: 2004
Type: preprint
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.
Language: English
Subfield: Finance
Open Access status: green
OpenAlex ID: W1535572580
Cites: 2
Cited by: 117
Related to: 10