
Babson to incrase Asia-Pacific lending
Babson Capital Management plans to increase the loans it provides in Australia and Asia, as borrowers are prepared to pay high interest rates due to the withdrawal of several European banks from the region.
The asset management firm will double or triple its lending to Asia Pacific in the coming years, Michael Hermsen, the head of Babson Capital's global private finance group, told Bloomberg. Babson, which...
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