Bank sell-downs drive Asia credit opportunities – AVCJ Forum
As banks look to reduce their exposure to Asian non-performing loans (NPLs), private lenders that can offer more flexibility on terms are seeing increased opportunities for investment, industry professionals told the AVCJ Singapore Forum.
“This is a relatively modern phenomenon for the region. Beforehand, depending on which jurisdiction you were in, the banks would just grasp onto it and work it out internally,” said Matthew Turner,...
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