That will make it virtually impossible for them to obtain any external credits and could also lead to cancellation of loans that are already in the pipeline.
12.
"This situation is also affecting the financial area, through speculative pressures on regional currencies, stock markets collapses and scarcer and more expensive external credit, " the report said.
13.
Indonesia and its creditor banks agreed in Frankfurt last week on a program relating to private corporate debt, external credits to the Indonesian banking system and trade finance.
14.
"This consistency will be rewarded by lower credit margins and higher external credit ratings, " he said in his presentation titled " Banker's Viewpoint in Using Hedging Instruments ".
15.
Salazar's commitment to preserving Portugal's " multiracial, pluricontinental " state led him reluctantly to seek external credits beginning in 1962, an action from which the Portuguese treasury had abstained for several decades.
16.
It is recognised by the Joint Committee of the three European Supervisory Authorities ( EBA, ESMA and EIOPA ESAs ) as External Credit Assessment Institutions ( ECAI ) operating in the European Union.
17.
The new system, called " Bank Financial Strength Ratings, " represents Moody's opinion of a bank's intrinsic safety and soundness and excludes certain external credit risks and credit-support elements addressed by Moody's traditional debt and deposit ratings.
18.
For the management of interest rate risk it may take the form of matching the maturities and interest rates of loans and investments with the maturities and interest rates of deposit, equity and external credit in order to maintain adequate profitability.
19.
By 1989 and the election of President Callejas, however, a heavy toll had been taken by regionwide economic recession, civil war in neighboring countries, the drying up of most external credit, and capital flight equaling more than US $ 1.5 billion.
20.
With regards to Hong Kong, S & P's said its banks earnings and assets quality are likely to come under pressure given the rapid loan growth during 1996 to 1997 and the erosion of the net external credit position of the financial sector.
