Monday, January 12, 2015

Oil Price Fall and Bank Lending

As Oil Prices Fall, Banks Serving the Energy Industry Brace for a Jolt

By MICHAEL CORKERY and PETER EAVIS


Falling profits on crude oil are likely to leave some companies unable to repay loans, and the banks that have exuberantly extended credit to them may feel the pinch.

Source: http://www.nytimes.com/indexes/2015/01/12/todaysheadlines/index.html?nlid=59725256


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