If 2012 was the year of the Japanese in global infrastructure lending, 2013 was the year of the erm….Japanese. Once again, Mitsubishi UFJ – with a 6.34 percent market share – and Sumitomo Mitsui Banking Corporation (SMBC) accounted for the top two positions in Infrastructure Investor Research & Analytics’ full-year league tables.
Buoyed by deals such as the A1/A6 motorway project in the Netherlands and the Etihad Rail national railway project in the United Arab Emirates, Mitsubishi UFJ was able to take the top prize in the mandated lead arranger (MLA) table with almost $6.8 billion worth of deals in total. Close behind with $6.2 billion of deals was SMBC.
Another Japanese place in the table was accounted for by Mizuho, which claimed sixth place with $3.1 billion of MLA transactions.
However, while the European banks have been toppled from the summit of the league table – a position they had regularly occupied until Japanese dominance emerged two years ago – they are still a strong presence. HSBC took third place, while Unicredit claimed fifth, ING Group eighth and Societe Generale tenth.
Signs of strength in the Australian market emerged towards the end of the year, with strong fourth-quarter performances from Commonwealth Bank of Australia and National Australia Bank. The two banks finished fourth and seventh respectively for the year as a whole.
With evidence aplenty of the vital role the banking community continues to play in global infrastructure lending, we invite you to consider making submissions for our Banking Awards for Excellence 2013. We will be announcing winners in more than 30 categories. Please see here for details:
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