EMEA loan volume hits 12-year low

摘要

The EMEA loan market is braced for a tough second half of the year after Britain's vote to leave the European Union sent shock waves through the region. First-half issuance hit a 12-year low of US$368bn, as volatile markets kept borrowers away. Bankers fear uncertainty following the referendum decision could hit loan volumes further in the remainder of the year. "It's impossible to predict what's going to happen, but I expect it to be a lot quieter than expected or hoped for," one senior banker said.