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Development banks double down on Latin America as bank loans slump

NEW YORK, June 18 (LPC) - Global development banks are mobilizing billions of US dollars in capital to fund initiatives in Latin America as commercial bank lending slumps throughout the region, which is grappling with a spike in coronavirus cases and a severe dip in projected economic performance. [Source]

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Origin: reuters.com

Category: companyNews

Topics: America, Latin, banks, performance, economic, projected, severe, cases and, coronavirus, spike, grappling, which, region, throughout the, slumps, lending, commercial, initiatives in, capital, dollars, billions, are mobilizing, development, Global, (LPC), slump, loans, double, Development

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/FskHyuG-HKo/development-banks-double-down-on-latin-america-as-bank-loans-slump-idUSL1N2DV0UH

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