Acleda lures Taiwan banks to longer maturity

摘要

Acleda bank, Cambodia's largest lender, has successfully placed a US$50m five-year syndicated loan, becoming the latest frontier market borrower to take advantage of bank liquidity to extend loan maturities. Taiwan's Shin Kong Commercial Bank is leading the Acleda loan, and has received commitments totalling around US$100m from at least seven other Taiwanese banks.