Just look at the credit approval rates, although rates are historically lowest, new credit approvals and disbursement is also at historically low. Hence these lowest interest rates are only benefiting existing credit exposures between the banks and counterparties. Governments are providing backstop to banks but unfortunately this has not translated to the wider credit new applicants. But banks will continue to sing rhetorics on record available funding however try structuring credit for a new project one will relate how excruciating the market is currently in that your credit might take up to 12 months for approval.
LNG Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held
