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Best Infrastructure and Project Finance House: Mitsubishi UFJ Financial Group |
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Also nominated: Sumitomo Mitsui Banking Corporation and HSBC |
A crisis can be a terrible thing to waste. While the retreat of some of the world’s biggest banks to their home markets has acutely affected the global project and infrastructure finance markets, the void is being swiftly filled by other eager lenders and, to some extent, the capital markets.
In the past year, this latter development has become increasingly visible, as those banks flush with liquidity and balance sheet capacity have waded in, while some project assets have been financed in the bond markets.
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