(Reuters) - International bank lending surged 20 percent year-on-year in the first quarter of 2007, the fastest rate of growth seen since the 1980s, the Bank for International Settlements said on Wednesday.
Western Europe led the lending surge, where cross-border claims more than tripled, most of it going to other western European countries and to the United States.
Read more at Reuters Africa
Western Europe led the lending surge, where cross-border claims more than tripled, most of it going to other western European countries and to the United States.
Read more at Reuters Africa
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