MARKET TALK: Local currency and bond market

“There is a huge band of corporates out here that are already there in terms of transparency and governance, and at the top end of the bank lending spectrum, but they are totally dependent on bank financing,”  says Chiradeep Deb, head of corporate finance at Mashreq Bank. “For them to really graduate, they’re always looking at alternative sources of financing so that they can reduce their reliance on one  single avenue.” Source: Mashreq Market Talk