Asia Pacific

MUFG Bank has tapped David Uy as head of project finance for Asia.

Hong Kong property developer Sino Group has converted a HK$1bn ($129m) loan sealed last year into a sustainability-linked deal, in line with its goals of embracing ESG across its operations.

The G20 has given hope to those wishing to see multilateral development banks increase their lending by stretching their capital further. If a breakthrough is made, ratings will be a crucial part of it.

GlobalMarkets: How is Uzavtosanoat benefitting from the economic reforms in the country?

GlobalMarkets: SQB has been identified as an upcoming privatisation candidate. That usually requires a lot of work to get an institution ready for that process. What is SQB doing to prepare itself?

The country’s pursuit of achieving a more sustainable and equitable society has coincided with an ambitious economic reform agenda that, together, are delivering results

GlobalMarkets: With such a large share of the mortgage market, it doesn’t seem you have much of an impetus to expand your product offerings?

Uzbekistan is committed to improving its productive capacity and institutional strength on the way to achieving sustainable economic development.

An ambitious and multifaceted reform programme is underway to take an already sound economy and open it to international markets

GlobalMarkets: Your president has made it clear that he expects the country’s banks to improve their efficiency as part of the overall economic liberalisation programme. What is the NBU doing to accomplish this task?

SoftBank returned to euro and dollar bond markets after a three year absence to issue an eight tranche deal, raising more than $7bn-equivalent from total demand of more than $16bn, and hitting every empty spot in its funding curve at once.

Citi has shaken up the top ranks of its corporate banking business in Taiwan following a senior banker’s decision to retire from the firm.