Three regional banks are gearing up to open their branches in Myanmar – a symbolic and political move that has been pushed through ahead of the country’s elections, CT understands.
While corporates are not able to directly participate in China’s new negotiable certificates of deposit market, China regulatory experts contend the new market should raise renminbi deposit rates.
Total global syndicated loan volume was down 16% in 2012. Asia-Pacific loans fared comparatively well and fell only 3%, mainly due to a buoyant Japanese market.