Recovery in Asia-Pacific: Japanese and Singaporean Banks Lead the Way
Asia-Pacific banks experienced a recovery in capital raising in March after a decline the previous month. Major lenders from Japan and Singapore successfully capitalized on a favorable interest rate environment by tapping into the debt markets. According to S&P Global Market Intelligence, banks in this region raised a total of $16.65 billion through debt in March. This resurgence demonstrates the resilience of these banks and their strategic responses to market conditions.