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Asia loan market tipped to benefit from volatility

June 29, 2010  

From Aaron Pan

The region’s syndicated loan market could benefit from volatility in other financial markets as borrowers tap loans to raise capital, according to Phil Lipton, HSBC’s head of regional syndicated finance.

Market volatility in Asia could turn out to be a blessing in disguise for the region’s loan market, according to HSBC.

The syndicated loans market was roiled by the global financial crisis as banks stopped lending and borrowers focused...


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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