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Ecom Agroindustrial Asia, the Singaporean business entity under Swiss commodities trader Ecom, has returned to the international loan market for its annual borrowing. -
Bahrain plans to raise debt in capital markets over the next year, and bankers believe it should get a positive response from the market as the country is expected to continue recovering from a period of economic instability.
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China’s Hefei Guoxuan High-Tech Power Energy is back in the offshore loan market, seeking a smaller deal with a juicier price after cancelling its debut international borrowing last year.
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Central bank governors, chief executives, fintech pioneers and bankers met at the GCC Financial Forum hosted by Euromoney in Bahrain's capital Manama to discuss the reinvention of financial services and its impact on markets. Low oil prices and fiscal dilemmas across the region have not deterred capital market participants from robust activity, as investors and lenders exude confidence in the capacity of regional banks to incorporate financial innovation into their products.
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Sir Gerry Grimstone, whose departure from Barclays was announced last week, is joining a joint venture between Investcorp and Aberdeen Standard Investments as chair.
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Philippine oil company Petron Corp has returned to the offshore loan market after a two year absence, picking a bigger lead group that has allowed it to achieve much tighter pricing.
