Tuesday 12 April 2016

Sumitomo Tops Gulf Loan Table as Oil-Cash Decline Curbs Locals - Bloomberg

Sumitomo Tops Gulf Loan Table as Oil-Cash Decline Curbs Locals - Bloomberg:

"Japanese lenders are upsetting the natural order in the Gulf’s more than $400 billion syndicated loan market.
Sumitomo Mitsui Financial Group Inc. was the top loan arranger for the second straight quarter in the six-nation Gulf Cooperation Council, a first for an Asian bank in the region. While HSBC Holdings Plc -- which has led on an annual basis for four years -- was second, Mitsubishi UFJ Financial Group Inc. took third."



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