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Who are the major players in project finance?
Including state owned players makes the list much more robust – the State Bank of India, China Development Bank, Bank of China and ICBC. Especially for countries with larger infrastructure ambitions, indirect support from the state can come through project finance lending.
How is project finance in Pakistan being financed?
Recall that for countries and jurisdictions without deep debt capital markets, bank debt is commonly used and a lucrative business for lenders. As such, expect that project finance in Pakistan is financed by loans and US developments may have a combination of loans and bonds.
What does project finance mean in investment banking?
Sometimes PF is a standalone product group and sometimes PF is under the corporate banking umbrella (as there is a large lending component). Closely tied to project finance may be an infrastructure advisory arm (under investment banking /coverage) and an investment banking infrastructure DCM team.
Last Update: Oct 2021
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