Asiamoney China Corporate and Investment Banking Awards

Bank of China stands above all rivals in terms of cross-border issuance of bonds. According to Bloomberg, the bank has led Chinese offshore bond issuance market in the last two years: it had 130 offshore bond issues and a market share of 9.26% in 2016, and 232 bond issues and a market share of 7% in 2017. In the first six months of this year, the bank underwrote 126 Chinese offshore bonds, to give it a market share of 7%.

In the 12 months to May this year ICBC was the market leader in underwriting a total of 1,283 debt financing instruments, with a combined valuation of Rmb1.22 trillion ($179 billion), accounting for 12% of the market, according to Wind Information, China’s leading market data services provider.

HSBC already has the largest branch network in China among foreign banks, with over 170 outlets in more than 50 cities, but it continues to expand on the mainland. In December last year, it launched HSBC Qianhai Securities, the first securities joint venture in mainland China to be majority-owned by any international bank.

Bank of China consistently shows leadership across the league tables when it comes to serving its corporate clients’ fund-raising needs.