The Latin American loan market has ostensibly held up well against this summer's credit crunch, with very little seepage from its neighbours to the north. But credit committees at large European and US banks are starting to ramp up the pressure and bankers are warning of tighter terms on the horizon. In a market that is intensely relationship driven, LatAm bankers are perhaps finding it more difficult than most to explain the unpleasant new realities to clients who have become accustomed to benefiting from liquidity-laden bank markets....Read more