Japanese, Singaporean Banks Lead Capital Raising Recovery In Asia-Pacific
Source: SeekingAlpha
2025-05-06 12:04:00 ET
Summary
- Capital raising by Asia-Pacific banks recovered in March after slumping in the previous month as major lenders in Japan and Singapore tapped the debt market amid a stable interest rate environment.
- Singapore-based United Overseas Bank Ltd. raised $2.0 billion through three deals.
- Shanghai-based New Development Bank, a policy bank engaging in mobilizing resources for infrastructure and development projects in China, Brazil, Russia, India and South Africa, raised $1.25 billion through the issuance of a nonconvertible note.
Capital raising by Asia-Pacific banks recovered in March after slumping in the previous month as major lenders in Japan and Singapore tapped the debt market amid a stable interest rate environment....
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Japanese, Singaporean Banks Lead Capital Raising Recovery In Asia-Pacific
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