Asian banks woo commodity clients as Western lenders exit

Cash-rich Asian banks are ramping up their commodity and energy business as they push to secure a bigger share of the market before Western rivals, wrestling with regulation and fitful recoveries, return to the region.

Asian lenders are building on links to local companies to expand into trade and project financing, and using strong ties to identify opportunities, connecting, say, a Mongolian miner with a Chinese investor or an Indian trading house with an Indonesian smelter.

via Business feed http://www.scmp.com/business/banking-finance/article/1223755/asian-banks-woo-commodity-clients-western-lenders-exit