Sentences with phrase «worldwide credit crisis»

The worldwide credit crisis has hurt all of Canada's big five banks.

We now know that bad lending practices were a principle cause of the worldwide credit crises that continues to restrain the recovery.

Not exact matches

The second was in 2008, when the financial crisis caused a credit crunch and a worldwide recession.

The country's six biggest lenders reported less than $ 20 - billion in debt - related writedowns since the credit crisis began in 2007, about 2 % of the US$ 887.1 - billion recorded by banks and brokerages worldwide.

With the recent European credit crisis strongly affecting worldwide markets, it also provides a new outlook and opportunities in a number of different sectors.