Bankers count on M&A, China to spur loan growth
By Bloomberg | China Daily | Updated: 2017-01-09 07:13
Concerns rise as investment plans stall amid slowdown, political uncertainties
Loan bankers in Asia are relying on companies' merger and acquisition activities and China's Belt and Road Initiative to fuel loan growth this year after volumes in the region stagnated in 2016.
Asia-Pacific ex-Japan loan volume amounts to $451.5 billion year to date, just shy of the $452.3 billion syndicated and clubbed deals completed in 2015, due to slower deal flow as some companies have suspended investment plans amid a global economic slowdown and political uncertainties brought on by elections in the US and Europe. The market was sustained by acquisition financing, which rose to $95.6 billion, more than double 2015's $46.6 billion.
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