Credit crunch
Latest ECB lending data give cause for concern
Banks across the eurozone have tightened their credit standards for loans to businesses by 31% in response to the credit crunch that has hampered the region's money markets since the start of August, according to data from the ECB
Turmoil will impact exchange rates - IMF's Kato
The re-pricing of risk taking place as a result of the credit crunch will lead to a rebalancing of currencies and growth in the near future, according to Takatoshi Kato, the deputy managing director of the International Monetary Fund (IMF).
King's paper on current turmoil
The governor of the Bank of England, Mervyn King, presented a 10-page paper on the recent market turmoil and the Bank's response, to the British parliament's Treasury Committee prior to his testimony on 20 September.
Egypt central bank reports fall in bank liquidity
EGYPT - The central bank has revealed a continued downturn in commercial banks' performance over the past period. Rates of capital efficiency and of net profits and incomes have gone down. Also, the banks' liquidity crunch has worsened due to a decline…