UPDATE 2-Canadian banks face higher loan losses, lower earnings after energy lending growth
Canadian banks boosted oil and
gas lending at about double the rate of total business loan
growth over the past three quarters, raising the specter of
higher loan losses after Monday’s oil price crash.
gas lending at about double the rate of total business loan
growth over the past three quarters, raising the specter of
higher loan losses after Monday’s oil price crash.
Posted by Reuters
