Wednesday, December 21, 2016

Fitch: APAC Banks Likely to Remain Major AT1 Issuers in 2017

(The following statement was released by the rating agency)

SINGAPORE, December 21 (Fitch) Asian banks are likely to remain

major issuers of

Additional Tier 1 (AT1) instruments in 2017, as Chinese banks

look to support

rapid balance sheet growth and Indian banks step up their

efforts to address

capital shortages, says Fitch Ratings. Activity outside of these

two large

markets will be mostly driven by refinancing needs.

Asia's market share in Fitch's AT1 tracker - which tracks total

global i

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