Tuesday 14, August 2018 by Bloomberg

Turkey bank loans for $21 billion led by StanChart, Citi

Standard Chartered Plc, Citigroup Inc., ING Groep NV and BNP Paribas SA helped arrange the most syndicated loans for Turkish financial institutions, according to data compiled by Bloomberg.

Standard Chartered Plc, Citigroup Inc., ING Groep NV and BNP Paribas SA helped arrange the most syndicated loans for Turkish financial institutions, according to data compiled by Bloomberg.

International lenders have made almost $21 billion of syndicated loans to Turkish banks and insurers since 1999, according to the data. That’s about 16 per cent of total loans made to similar companies in Europe, the Middle East and Africa.

Below is a list of 20 banks that were most active in arranging loans that haven’t yet matured for their Turkish counterparts since records began in 1999, and the amount they helped to raise:

Mandated Lead Arranger Deals Volume (in $ million)

  • Standard Chartered 27 1,688 Citigroup 20 1,307
  • BNP Paribas 15 1,222
  • ING Groep 18 1,159
  • Sumitomo Mitsui Financial 18 1,132
  • Commerzbank 19 1,103
  • Societe Generale 15 1,006
  • Mizuho Financial 15 990
  • HSBC 15 1,106
  • Mitsubishi UFJ Financial 14 912
  • Emirates NBD 15 911
  • First Abu Dhabi Bank 13 832
  • Deutsche Bank 13 822 ICBC 13 785
  • JPMorgan 10 673
  • Wells Fargo 9 639
  • Bank of America Merrill Lynch 9 572
  • UniCredit 8 503
  • Bank of New York Mellon 5 355
  • Goldman Sachs 5 301
  • Mediobanca 4 239

Features & Analyses

Economics Adapting to a new era

  Abdullah Al-Fozan, Chairman of KPMG MESA and KPMG Saudi Arabia, provides an exclusive commentary on the Kingdom’s business… read more