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Daily Dispatches: syndicated lending finds its home in Asia

Sales of Islamic bonds may increase 24 percent this year, led by Southeast Asia, as the region’s expansion helps drag the world out of recession, said CIMB Group Holdings, the leading arranger of such issuance. (Bloomberg)

Bank of China and its subsidiary Bank of China (Hong Kong) are looking to issue bonds to repay loans and replenish capital. (The Standard)

The Asia-Pacific Loan Market Association opens the first global conference in its 12-year history today, luring bankers to a region whose lenders lost less than their US and European peers in the financial crisis. (Bloomberg)

The Australian competition regulator is believed to be keeping a watch on the major banks after NAB “telegraphed” its pricing intentions on home loans ahead of the RBA decision. (Herald Sun)

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