ICICI Bank emerges top project financier in Asia Pacific
17 Oct 2007
1
Mumbai: ICICI Bank has emerged the top bank in Asia Pacific for project
financing with deals worth $2.3 billion this year so far, global financial data
provider Dealogic said in a report.
ICICI Bank as the lead arranger for project financing accounted for about 10.2 per cent of the market in Asia Pacific with seven deals.
The bank is followed by China''s Industrial and Commercial Bank with $1.6 billion through three deals for a 6.9 per cent share of the market, the data showed.
Overall,
in the Asia Pacific region, projects worth $22.9 billion have been financed through
49 deals in 2007 so far, down eight per cent when compared to $24.8 billion by
way of 69 deals in the corresponding period last year.
