Asakabank has secured dual currency term loan facilities totaling EUR 193 million, with funds available in both euros (EUR) and Chinese yuan (CNH). The loan was arranged by a syndicate of lenders, supported by legal advisors Baker McKenzie and Kosta Legal.
The financing will provide Asakabank with increased liquidity and flexibility to support its ongoing business operations and growth initiatives.
**Why this matters**
Access to dual currency loan facilities allows Asakabank to manage currency risk more effectively and optimize its capital structure. This financing arrangement reflects confidence from international lenders in Asakabank’s financial stability and strategic direction.