TITLE

BANKS AT THE BRINK

AUTHOR(S)
Coulson, Richard
PUB. DATE
February 1983
SOURCE
National Review;2/18/1983, Vol. 35 Issue 3, p172
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the concerns of major U.S. banks about the complexity of the proposed debt re-scheduling arrangements for less developed countries in 1983. It argues in favor of the campaign launched by U.S. commercial banks to defend themselves against the writing off of a large part of their foreign loan portfolios. It assesses the size of their foreign loan portfolios and their impact on shareholders and equity capital. It also enumerates the risks posed by the inflationary pressures on the domestic economy of writing off foreign loan portfolios.
ACCESSION #
6060110

 

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