Banks See Opportunity in Asians Buying Properties Abroad

Recently, there is a steady increase in the number of rich Asians buying properties abroad either for residence or for investment purposes. Bankers see this as a great opportunity for their business and they go out of their way to extend whatever assistance these prospective buyers need to acquire the properties they want. For this purpose, the wealth management departments of banks establish revolving loans for wealthy Asian clients who want to purchase properties.

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