Corporate credit under pressure

2008-06-03 00:00

The rising cost of borrowing, higher input costs, waning consumer demand and the ongoing energy crisis are all likely to weigh heavily on corporate credit demand as businesses increasingly become reluctant to take on further debt.

Growth in asset-based credit dropped to a four-year low and mortgage growth is now starting to show further evidence of moderation. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

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