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Trade settlement goals drive L-Bank’s dim sum ambitions – interview

June 07, 2012  


From Anita Davis

L-Bank plans to be an active participant in the dim sum bond market to support the renminbi trade settlement activities of its region’s industrial giants, says funding official Sven Lautenschlaeger.

L-Bank, the state bank of Germany’s Baden-Württemberg, aims to be a consistant issuer in the offhsore renminbi, or CNH, bond market in a bid to strengthen its capabilities and expertise in anticipation of greater renminbi trade settlement activity in the...


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SOUTHEAST ASIA DCM

Rank Bookrunner Parents Deal Value $ (Proceeds) (m) No. %share 2012 YTD Rank
1 Standard Chartered Bank 3,991 32 8.9 2
2 HSBC 3,710 35 8.3 4
3 Goldman Sachs 3,333 2 7.4 12
4 Deutsche Bank 2,895 14 6.4 8
5 Citi 2,774 9 6.2 5
6 JPMorgan 2,288 7 5.1 3
7 DBS 2,106 25 4.7 1
8 Siam Commercial Bank 1,835 16 4.1 21
9 Barclays 1,586 3 3.5 9
10 CIMB Group 1,523 27 3.4 13
Subtotal 26,040 123 57.9
Total 44,958 212 100.0



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