Published:
Asian banks' funding costs increase by as much as 20bps
The end of the 'ultra-easy money era' might be coming.
According to Bloomberg, it’s been a borrower’s market for a long time, in Asian syndicated loans as in the rest of the dollar universe.
"But Asia-Pacific lenders are facing increasing funding pressures, and a handful are aiming to pass those costs along -- in another sign that the beginning of the end of ultra-easy money may be coming. Half of the 50 banks in a Bloomberg News survey have experienced an increase in funding cost of as much as 20 basis points over the past few months," Bloomberg said.
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