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Effectively, by 2001 most banks had adopted a conservative lending strategy e.g. with complete advances for the banking sector being only 21.7{53d7b73772449baeabf36225c780cf7bf746fcfe8859d962cb6dcfcabdf5f51d} of whole trade assets compared to 31.1{53d7b73772449baeabf36225c780cf7bf746fcfe8859d962cb6dcfcabdf5f51d} in the earlier year. …