China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

The money network:

The money network:

Why crowdfunding threatens traditional bank lending

July 2006

Spain



Austria I Belguim I France I Germany I Greece I Ireland I Italy I Luxembourg I Netherlands I Portugal I Spain I Switzerland I United Kingdom

It is hard to argue against Grupo Santander and its two domestic banking operations, Santander and Banesto, as winner of the best bank in Spain award. Last year its net profit was not only the highest ever reported by a Spanish company, but more than that of its bank and savings bank competitors combined. Although much of the bank’s growth has come from foreign acquisitions, including Abbey in the UK,...


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