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Commodities Briefing - Categorized | Financial, Market Moves more

Emerging market banks fill commodity funding gap

Posted on 01 December 2011

A lack of liquidity has dented European banks’ ability to fund commodity finance operations, and emerging market lenders have moved in to fill the gap, Bruce Tozer of Credit Agricole Corporate and Investment Bank said on Wednesday.
A reduction in interbank lending and new European Union capital requirement rules for banks from 2013, known as Basel III, were partly to blame for the lack of commodity trade finance in Europe, Tozer said………………………………………..Full Article: Source


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