Japanese, Singaporean Banks Lead Capital Raising Recovery In Asia-Pacific
Source: SeekingAlpha
2025-05-07 03:00:00 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.
- Banks in the region raised an aggregate of $16.65 billion through debt during the month, according to S&P Global Market Intelligence data compiled on a best-efforts basis.
- The global bond markets were largely stable in March as major central banks held rates steady.
- Three Indian banks, UCO Bank, Central Bank of India and Punjab & Sind Bank, accounted for nearly all of the $551.40 million in equity capital raised by Asia-Pacific banks in March, an increase from zero in the previous month.
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
Sumitomo Mitsui Trust Holdings Inc
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