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Private Credit in Emerging Markets (الإنجليزية)

Summary of Note 98 : Private Credit in Emerging Markets. Private credit broadly refers to nonbank lending to firms. Since the Global Financial Crisis of 2008-2009, private credit has grown considerably. Although the phenomenon of private credit is more predominant in the United States and the United Kingdom, it is also a growing asset class in emerging markets. Private credit appeals to borrowers because of bespoke, structured solutions, longer maturities...
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