Standard Chartered Bank (SCB)helps drive economic growth amid the pandemic by supporting liquidity and shoring up investor sentiment. In 2020, SCB raised a total of $36 billion in financing for its clients across the Asean region.
The bank has improved its market position as the leading foreign bank in Asean local currency bonds and ranked third in Asean G3 league table for the third consecutive year with 43.1 percent increase in its share of deal-apportioned volumes.
In the Philippines, SCB continues to be the market leader for Peso-denominated bonds with record volumes leading 10 deals valued at P140 billion.
The bank is also one of the leading bookrunners in the G3 space for Philippine issuers as it participated in 16 out of the 25 transactions in 2020.
“Amidst market volatility brought about by the pandemic, SCB’s Capital Markets franchise has deepened further, having supported new and existing clients achieve their funding goals in the bond markets. We will continue to help our clients tap the bond markets and contribute to the deepening of their investor base,” Aaron Gwak, SCB Head of Capital Markets, Asean, said.
