Taiwan loans get a ‘wind power’ boost

Bloomberg

After marking the best start in seven years, Taiwan’s booming loan market is about to get a further fillip. Jumbo financings for offshore wind farm projects are expected to drive syndicated loan volumes this year, according to CTBC Bank. Taiwan’s bid last week to coax its business people to bring back home billions in overseas assets is set to stimulate the economy, helping to support loan demand. “The pipeline will maintain its smooth momentum going forward,” said Phoebe Li, head of corporate finance department at CTBC Bank Co. in Taipei.

Leave a Reply

Send this to a friend