Edmund Leong, head of Group Corporate Banking and Investment Banking at UOB, explains to FinanceAsia how Asean’s evolution into an even more dynamic end-market is enticing corporates to scale across borders – in turn driving demand for integrated financing, advisory and capital markets solutions. And those banks with regional reach and local expertise should be pivotal to the region’s next growth phase.
The Galaxy Orientis fund has raised $520m out of a $1bn target from China Investment Corporation, Indonesia Investment Authority and State Oil Fund of the Republic of Azerbaijan. The PE fund is eyeing investments across the Asean-China corridor.
Edmund Leong, head of Group Investment Banking at UOB, talks exclusively to FinanceAsia about where the bank sees scope for growth in Asean amid the region’s robust drivers of issuance and strong thematics.
FinanceAsia spoke to exchange leaders about regional ESG disclosure progress and cross-border product collaboration, while the Stock Exchange of Thailand (SET) shared an exclusive update on an agreement with Indonesia and Malaysia.
The bank wants to help scale digital 'platform players', and is also offering $150m of venture debt to the Singapore market to provide financing to early-stage, high-growth companies backed by venture capital or private equity.
The Bangkok-based firm uses its unique understanding of the diversity of this fast-growing region to offer simple yet innovative financing solutions to enable issuers to access the international capital markets.
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