Kookmin Bank

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.

Kookmin Bank opted for an unusual three year bond this week to diversify its funding avenues. The bond found strong interest from offshore accounts eager to get their hands on the new deal, allowing the lender to price inside fair value.

South Korea’s Kookmin Bank and Indian’s Glenmark Pharmaceuticals ventured out to the dollar debt market on Monday with their respective bonds.

The Asian bond market, while rattled by Britain’s decision to leave the European Union, shouldn’t remain subdued for a particularly long period, according to several bankers.

South Korea’s Hotel Lotte Co, which is planning a $3bn-$5bn listing, could start bookbuilding on Friday, according to a source close to the deal.

South Korea’s Kookmin Bank is getting ready to bring out a new $500m senior bond to the international debt market, picking four banks to work on the offering.

Samsung Biologics, which sent out a request for proposals for its South Korean IPO on April 29, is understood to have invited nine domestic and six international firms to submit bids.

South Korea’s Kakao Corp has broken a drought in Asia’s equity-linked market by printing a W230bn ($199.9m) exchangeable bond on Monday, with the deal denominated in won but settled in dollars.

South Korea’s Kookmin Bank issued its second ever covered bond this week, raising $500m from a five year note that was more or less a replica of its debut transaction.

South Korea’s Kookmin Bank is looking to price its second covered bond on Thursday, while HNA Group is out to tap its existing dollar notes that were issued two months ago.

South Korea’s Kookmin Bank has selected four banks to run a potential return to the covered bond market, but a source at the issuer said that due to unfavourable market conditions, there’s a possibility that the deal will not materialise.

South Korea’s Kookmin Bank is looking to return to the covered bond market as early as January, after hiring a bank to arrange a non-deal roadshow.