New Silk Road Finance Awards 2017: Results index

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Through the internationalization of the renminbi, capital markets activity, mergers and acquisitions and the funding of some remarkable projects, the Belt and Road Initiative (BRI) has taken root in financial markets. These are the banks leading the way.

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Overall awards
Southeast Asia              Middle East and Africa
South Asia Central and Eastern Europe.

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BELT AND ROAD          

Overall winners

Through the internationalization of the renminbi, capital markets activity, mergers and acquisitions and the funding of some remarkable projects, the Belt and Road Initiative (BRI) has taken root in financial markets. These are the banks leading the way.

Best overall Chinese bank for BRI:
Bank of China

Best bank for advising Chinese institutions on BRI: 
Industrial and Commercial Bank of China

Best overall international bank for BRI: 
HSBC

Best overall project/initiative for BRI: 
The $2 billion Gemas-Johor BaHru double-tracking rail project




Southeast Asia

Regional banks in southeast Asia will have an important role to play as the Belt and Road Initiative takes off, supporting Chinese private and state-owned enterprises as they learn to navigate through the region’s disparate markets.

Best regional bank for BRI: DBS

Best Chinese bank for BRI: ICBC

Best international bank for BRI: Standard Chartered

Best bank for BRI-related finance: Standard Chartered

Best bank for BRI-related infrastructure finance: HSBC

Middle East and Africa

In the far-flung outposts of the Belt and Road Initiative, there is plenty of activity. In Africa, established connections between China and the continent are moving beyond infrastructure, while in the Middle East, the UAE is quickly becoming a hub for China-related financing.

Best regional bank for BRI: Standard Bank

Best Chinese bank for BRI: ABC

Best international bank for BRI: HSBC

Best bank for BRI-related finance: Bank of China

Best bank for BRI-related infrastructure finance: Deutsche Bank

Best local bank for BRI: Arab Investment Bank

Best BRI project/initiative: Nairobi-Mombasa Railway (lead, Export-Import Bank of China)




South Asia

South Asia has been the first region to grasp the potential benefits of the Belt and Road Initiative, particularly the countries of Pakistan and Sri Lanka. The range of projects already under way is impressive, as is the response of banks, both local and international.

Best regional bank for BRI: MCB

Best Chinese bank for BRI: China Construction Bank

Best international bank for BRI: Standard Chartered

Best local bank for BRI: National Development Bank

Best bank for BRI-related finance: MCB

Best bank for BRI-related infrastructure finance: HSBC

Best BRI project or initiative: Thar Engro Coal Power Project




Central and Eastern Europe

From central Asia to the borders of western Europe, the Belt and Road Initiative could be a big boost to economic and banking activity in countries that desperately need it. While activity to date remains limited, a few banks are taking the first steps on the Belt and Road in Central and Eastern Europe.

Best regional bank for BRI: VTB

Best Chinese bank for BRI: ICBC

Best international bank for BRI: Citi

Best local bank for BRI: Tsesnabank

Best bank for BRI-related finance: HSBC

Best bank for BRI-related infrastructure finance: Deutsche Bank

Best BRI project/initiative: Silk Road Fund 10% purchase of stake in Sibur (Russia)