There is a pull-out of foreign banks from Australia, data for the half year to June 2009 from Loan Pricing Corp shows.Loans - meaning syndicated loans - fell 70 per cent to US$12.2 billion over the six months to June, and compared with the same half year of 2008. LPC monitored 33 loans by Australian borrowers.LPC get to the point in the highlights of their package of data."As international bank lenders exit their home market, Aussie corporates - Telstra, Woolworths and Woodside among them - are running their deals into Asia as they search for funding."Demand from Australian names softened the decline in loan volume in Asia.Loan volume in Asia fell 54 per cent to US$62 billion, LPC said. The average loan size fell by much less (only four per cent) to US$294 million.The number of deals completed (outside of Japan) fell by half to 211.Refinancings accounted for US$28.8 billion, or 46 per cent of the action. Refinancing was 33 per cent and 39 per cent of lending in each of the two prior year periods.China reported loan growth of 47 per cent for the half, to US$19.9 billion. LPC note that two mega project finance deals funded to US$15.5 billion accounted for three quarters of China's syndicated loans marketForeign bank lending to India over the last six months was slight. LPC reported only US$2.7 billion for the half, with US$1 billion of that coming from a refinancing for Tata Motors.Hong Kong, where ANZ would like to lend more, reported a one third decline to US$6.8 billion.In Singapore, where ANZ would also like to lend more, loan volume fell 69 per cent to US$6.5 billion, down from US$21 billion for 2008.In Japan, loan volumes reached a record high of US$154 billion for the first half, with lending concentrated in the March quarter, the last of the financial year.