Japanese banks dominate Q2 league tables

Infrastructure Investor Assets tracks project finance deals and identifies the key institutions that finance and advise infrastructure projects.

Mitsubishi UFJ Financial Group and Sumitomo Mitsui Banking Corp (SMBC) have topped the league table of banks that provided debt to finance infrastructure projects in Q2 2013. SMBC financed the most deals in Q2 but lost out the top spot to Mitsubishi UFJ Financial Group, which provided less debt finance overall. In Q1 Mitsubishi UFJ ranked third, with $1.35 billion but claimed the top spot in Q2, having financed over $2 billion in the period. Only these two Japanese banks provided finance exceeding $1 billion in the second quarter of 2013.  

Half of the banks ranked in the Q2 league table were listed in the first quarter. Italian firm Unicredit SpA was ranked first in Q1 but dropped out of the top ten in Q2. LloydsBanking Group, which did not reach the top 10 last quarter, claimed the ninth spot in Q2 with only five deals. They ranked above Groupe BPCE, despite the French firm being involved in four times as many deals, due to the overall amounts involved. Lloyds loaned almost a third of their total to Sabine Pass Liquefaction in Louisiana which, at $5.9 billion, was one of the biggest projects of Q2 2013. 

To view the complete league table, please click here.