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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
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One Turkish bank expects a third of lenders to drop out of loans this autumn
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Irish energy company seeks $750m from bank consortium headed by Afreximbank
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Expected rollover rates in the latest Turkish bank loan refinancings suggest lenders are reducing their exposure
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The Swiss lender has confirmed it will unwind operations in major emerging market countries but fate of individuals unclear
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The size of the Turkish lender’s new loan is much reduced from previous deals
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Buying on secondary and lending to existing clients boosts activity but has drawbacks