Loans of one year or longer extended by banks in Europe are called:

Question

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Loans of one year or longer extended by banks in Europe are called Eurocredit loans. Eurocurrency loans refer to loans that are made in a currency other than the currency of the country in which the bank is located. Eurobond loans are bonds issued in a currency that is different from the currency of the country where the bonds are issued. Parallel loans are loans in which two parties in different countries lend each other currency.

Loans of One Year or Longer Extended by Banks in Europe