Not Safe: lenders fear China volumes after forex move

Chinese companies are in discussions with their local bankers about foreign currency loans they can now send offshore, following a change in rules earlier this month. That has sparked fear among some bankers outside of the country, who think they will now face a tougher time originating deals from Chinese borrowers.

  • 26 Jun 2012

The State Administration of Foreign Exchange (Safe) announced in the middle of the month that it will allow Chinese companies to get foreign currency-denominated loans within the country and pass these loans on to their overseas subsidiaries.

That offers a direct alternative to funding from foreign banks, and ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%