The world’s best borrowers in 2006
Financial institutions have provided bankers with the bulk of business from emerging Europe in the past 12 months, making this category the most competitive in the region. And this growing competition has led some of emerging Europe’s strongest banks to become increasingly innovative as they seek to access new investor bases through new products.
Top of the pile has been Kazakhstan’s Bank TuranAlem (BTA). Before 2005, only Kazakhstan’s three biggest banks – KKB, BTA and Halyk – had regular access to the Eurobond markets, but last year a proliferation of top 10 names came to market.
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