The Asian Banking and Finance Sector; 2019 and beyond [Brought to you by Appleby]
BY Fiona Chan |
2018 was a mixed year for the Asian banking and finance sector. On the one hand, there was a decrease in lending, particularly in leveraged facilities where deal flow weakened. On the other hand, the market saw an increase of foreign investment in Chinese financial institutions, a development that was encouraged and permitted under new domestic rules.