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A number of businessmen and a few bankers have admitted feeling very uneasy about the heavy volume of borrowing between some companies and local bank affiliates, recalling the lessons of the 1997 Asian financial contagion and the 2008 global crisis whose effects continue to be felt by many countries today.

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KARL SLYM

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abtest

Over-leveraged conglomerate

January 28, 2014 - 12:00am

A number of businessmen and a few bankers have admitted feeling very uneasy about the heavy volume of borrowing between some companies and local bank affiliates, recalling the lessons of the 1997 Asian financial...

Business