| The credit crunch that has engulfed the commodities trading industry for the past two years has eased with French banks regaining their appetite to lend to the sector after a large retrenchment in 2011 and 2012.
Commodities executives and bankers in the trading hubs of Geneva and London said BNP Paribas, Crédit Agricole, ING, Société Générale and others were expanding their lending again, after cutting it to beef up their balance sheets...............................................Full Article: Source
|