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المشهد العربي
Global banks limit private credit in Australia
Australia is witnessing a trend among major global banking institutions, including Goldman Sachs and UBS, toward tightening the credit restrictions offered to private credit funds. This shift is driven by the declining real estate market, rising borrowing costs, and increasing regulatory oversight. New financing is now primarily limited to leading asset managers and reputable entities, while lending to small businesses and high-risk funds connected to the struggling real estate sector—characterized by structural decline—is being avoided. This development poses a potential threat of pressure on the country's financial sector.
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