KB Financial Group Ranks No.1 for Four Consecutive Years in Domestic Syndicated Loan Arrangements
[Asia Economy Reporter Kangwook Cho] KB Financial Group announced on the 13th that it ranked first in the 2019 Bloomberg League Table in the 'Domestic Syndicated Loan Arrangement' category. This marks the fourth consecutive year of achieving first place since 2016.
According to the Bloomberg 'Domestic Syndicated Loan Arrangement' league table results, KB Financial Group arranged a total of 74 deals in 2019, with a market share of 27.5%, amounting to $13.029 billion (approximately 15 trillion KRW). Since first ranking in 2016, the group has maintained the top position for four consecutive years, solidifying its status as the leading player in the domestic IB (Investment Banking) sector.
In 2019, KB Financial Group arranged major IB market big deals such as the 'Yeouido IFC Mall Refinancing (Bank, $190.2 million)', 'Shinansan Line Double Track Railway Private Investment Project (Bank, $168.9 million)', as well as various transactions across all IB business areas including CJ Healthcare Acquisition Financing (Securities, $49.1 million), Daesung Industrial Gas Acquisition Financing (Securities, $29.2 million), and LS Automotive Acquisition Financing Refinancing (Bank, $24.3 million).
Bloomberg annually compiles and publishes rankings based on performance in major IB business sectors such as syndicated loans, ECM (Equity Capital Markets), and DCM (Debt Capital Markets).
With the 'One-Firm' synergy effect centered on banking and securities in the IB sector fully materializing, KB Financial Group continues to maintain its unrivaled position in the domestic syndicated loan field and is pursuing strategies to grow into a global IB player.
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A KB Financial Group official stated, "Based on our No.1 competitiveness in the domestic IB market, we will firmly establish our leading position as an IB powerhouse in 2020," adding, "In the mid to long term, as a representative financial group of Korea, we will boldly challenge ourselves to grow into a company that stands out not only domestically but also in the global IB market."
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