BIS Review 63/2007  3  Syndicated Loans will continue to flourish for quite some time in the future. I believe this is the consensus. But should lenders rely more on the above factors to take in syndicated loans instead of applying due diligence in making a credit decision?
Our growth rate has averaged 2.4 percent over the past 5 years and is expected to be around the same level in the next 3 years. This growth rate is not enough to absorb many of our school leavers. At this rate of growth, we will double our economy in 50 years and that is a half of a century. This is too long.