The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Awards for Excellence 2007: Best Project Finance House

RBS’s activities continue to demonstrate the advantages of project finance structures versus ever-growing competition from other forms of funding.

RBS abandons project finance 

Friday, February 27, 2009


Also shortlisted in this category:
Calyon
Mizuho Bank


Awards for Excellence
 


Royal Bank of Scotland


One thing a project finance banker needs to be is flexible. Growing competitive pressure from leveraged finance, capital markets and aggressive infrastructure funds mean that the rules of the game are changing – fast. Royal Bank of Scotland, Euromoney’s global project finance house for 2007, is well aware of this. "The definition of infrastructure is changing," says Phil Hall, head of origination for infrastructure finance. "We are working alongside our corporate and leveraged finance teams more and more – the edges between these departments are increasingly blurred." Global project finance reached $221 billion in 2006 – a record volume. This business was split fairly evenly between western Europe, Asia-Pacific, the Middle East and north America, with north America achieving the fastest rate of growth: up from a 16% market share to 20%. The potential of this market is vast and RBS is enviably well positioned to take advantage of this. "Infrastructure projects in the US are still the preserve of the European banks from a structuring perspective," says Tom Hardy, managing director and global head of project finance and export finance at RBS.




You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree