Bankers buoyant about South Korea’s pipeline prospects, only high margins will win the prize
Loans bankers in Asia are keeping a close eye on South Korea, amid strong expectations for an increase in deals over the next two months. But while borrowers elsewhere are reaping the benefits of falling margins, Korean companies should be prepared to pay higher prices if they want to catch lenders’ attention, writes Rashmi Kumar.
So far this year, volumes in the loan market have been muted, with the splendour of the bond market blamed for taking away some of the business that might once have ended up in the hands of loans bankers.
South Korea has been no exception. Only 10 US dollar
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