Emerging market credit improves in fourth quarter: report

 　　WASHINGTON, Jan. 30 (Xinhua) -- Overall bank lending conditions for emerging markets have improved for the first time since the second quarter of 2011, said a global financial industry report on Wednesday.

　　The emerging market bank lending index rose to 50.5 in the last quarter of 2012, following five consecutive¹ quarters during which it was below 50, according to a report released by Institute of International Finance, which represents some 450 major financial institutions worldwide. A reading above 50 indicates that bank lending conditions are improving.

　　"International funding conditions for banks in emerging market economies continued to ease significantly in the final quarter of 2012, reflecting the very easy monetary² policy in mature economies, " the IIF said.

　　The IIF also noted³ that international trade finance conditions improved substantially across all regions, particularly in Asia, which was quite encouraging for the global economy. However, the growth of loan demand continued to weaken in emerging markets.

　　The IIF's latest report was compiled from the survey conducted between mid-December 2012 and mid-January 2013 with 141 banks in emerging market economies participated.

1 consecutive   

adj.连续的，联贯的，始终一贯的

参考例句：

• It has rained for four consecutive days.已连续下了四天雨。
• The policy of our Party is consecutive.我党的政策始终如一。

2 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

3 noted   

adj.著名的，知名的

参考例句：

• The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
• Jim is noted for arriving late for work.吉姆上班迟到出了名。