IDB to Encourage Chinese Participation on A/B Loans

The IDB is trying to encourage Chinese commercial banks such as the ICBC and the Bank of China to participate in Latin American A/B loans, Hans Shulz, general manager of structure and corporate financing at the development bank, tells LatinFinance. Such banks have yet to participate in these types of syndications, but may be willing to lend on this basis, especially if the borrower has a connection with China. “They will look for Chinese links. They see this as a region that continues to grow,” says Shulz. LatAm financial institutions have increasingly tapped the syndicated loan market in Asia, luring banks from China, Taiwan and Japan.