One of Singapore’s largest conglomerates has raised a Rmb50 million loan through a special pilot scheme set up in Tianjin. Similar transactions across China are expected.
It seems treasurers are hard to please. Based on research compiled by East & Partners, the level of satisfaction of transaction banking services in Asia is misaligned with the quality of service they are getting.
It’s accepted by many as a real and present danger, but there's very little anyone can do about it. This is why the bankers are silent on the matter, naturally preferring to steer the conversation to what they can ...