Asia Pacific

The period under review has proved one of the most trying for the region’s financial institutions as global problems combine with financial stresses in domestic markets. Amid this turmoil, the best banks have once again proved their ability to outperform. We present Asia's Best Domestic Banks.

South Korea’s Small & Medium Business Corp (SBC) pulled in $500m on Monday from its return to the debt market after a hiatus of 10 years. The combination of a recent credit rating boost and its rarity allowed the issuer to price the bond in line with policy banks.

UBS’s deputy head of China corporate client solutions (CCS) left the Swiss bank last month, said sources close to the departure.

In a country where bank borrowing forms a large part of infrastructure project financing, much needs to be done to make Indonesia’s local currency bond market the go-to place for project developers. With no first mover advantage and costs and documentation proving tricky, there is plenty holding back issuers from selling Indonesia’s first rupiah infrastructure bond. Asiamoney talked to a group of leading market participants about the challenges and potential of the southeast Asian country’s long-term project financing bond market.

Asiamoney presents the detailed results for the Private Banking Poll 2016. The searchable tables include the results breakdown by assets under management $1-$5m, $5.01m-$25m and $25m and above. The results are also divided by country.

Investors are set to welcome a new Chinese local government financing vehicle to the bond market, with Chongqing Western Modern Logistics Industry Zone Development Construction hitting the road for its maiden dollar outing.

Asiamoney presents the detailed results for the Cash Management Poll 2016. The searchable tables include the results breakdown as voted for by both financials (banks, asset managers, hedge funds and insurance companies) and non-financial institutions (corporates, state agencies and public sector companies). Financial results are divided by currency while corporates are broken down by country.

Singapore Exchange (SGX) and the Baltic Exchange have agreed terms for a recommended share offer as the Asian company looks to proceed with a proposed acquisition.

CME Group has added two futures contract with alumina as the underlying to its base metals range.

The Indonesia Stock Exchange (IDX) has opened an online information service to educate private companies on the benefits of listing, according to a document from the bourse.

DBS Group Holdings has hired five firms to prepare its maiden dollar-denominated additional tier one bank capital offering.

The Republic of Poland will open books on Thursday on the first Panda bond from a CEEMEA issuer and is looking to print with a 3% handle, according to a banker at one of its leads.