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Southeast Asia

  • Asia
    bangkok_thailand_temples_230px
    ICBC picked as RMB clearing bank for Thailand; hopes for 24hr clearing in 2015
    The People's Bank of China (PBoC) announced on January 6 that it had approved Industrial and Commercial Bank of China (Thailand) to be the official renminbi clearing bank in Bangkok. The selection is the second in 2015, coming just one day after Bank of China (Malaysia) was awarded the same role in Kuala Lumpur, and adds a new hub to the global RMB map.
    Carrie Hong, January 06, 2015
  • Asia
    Indonesia_jakarta_230px
    CP Indonesia serves up $350m with seven
    Poultry feed producer Charoen Pokphand (CP) Indonesia’s $350m dual currency loan, which comes with a $50m greenshoe, has entered general syndication.
    Shruti Chaturvedi, October 23, 2014
  • Asia
    UOB Bank
    UOB nails tight spread on Asia’s first Basel III tier one
    United Overseas Bank this week priced Asia’s first tier one Basel III-compliant bonds, getting an S$850m ($670.9m) perpetual non-call five deal away at just 4.9% — a level that even rival bankers grudgingly admitted was tighter than they had expected, writes Frances Yoon.
    Frances J. Yoon, July 19, 2013
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