Far Eastern International Bank collaborates with international banks to form Piramal Finance syndicated loan case in India

        Far Eastern International Bank has achieved great success in the international syndicated loan market, jointly undertaking and hosting a USD 400 million overseas commercial loan (ECB) syndicated loan case for India's benchmark non bank financial institution (NBFC) Piramal Finance with well-known global and local financial institutions such as Deutsche Bank AG, Sumitomo Mitsui Banking Corporation (SMBC), Development Bank of Singapore (DBS Bank), and Axis Bank. The syndicated loan bank group briefing (Roadshow) was completed in Taipei on February 25th.

        The CEO personally visits Taiwan to deepen the relationship between Taiwan's banking industry

        To demonstrate the importance attached to Taiwan's financial market, Jairam Sridharan, CEO of Piramal Finance, led a team to visit Taiwan for three days. Not only did he personally attend the joint loan bank delegation briefing, but he also met with several benchmark banks in Taiwan to explain the company's strategy and future growth blueprint to the local financial community.

        Far Eastern International Bank helps high-quality Indian companies expand international financing

        Far Eastern International Bank actively expands its overseas business and responds to the layout trend of the New Southbound Policy. Vice President Ji Zhenghua of the Corporate Finance Business Group stated that as an important core of the New Southbound market, India's high-quality enterprises' funding needs are the best stage for Far Eastern International Bank to leverage its cross-border financial strength. Far Eastern International Bank participated in the underwriting of Piramal Finance's USD 400 million syndicated loan case, not only assisting the company in obtaining long-term stable funding sources, but also demonstrating the results of deep cultivation in the new southbound market.

        Piramal Finance has shown impressive growth and transformation in recent times, with a stable foundation, and has gained recognition from the international market. According to the company's latest financial report, benefiting from the strategy of transitioning to retail finance, the after tax net profit for the fourth quarter of 2025 increased significantly by 940%, reaching 4.01 billion rupees (approximately NTD 1.3 billion). In addition, its asset management scale (AUM) has also achieved excellent performance with an annual increase of 23%, reaching up to 966.9 billion rupees (approximately NTD 305 billion).

        In response to its growth momentum, Piramal Finance is actively reshaping its business model with the goal of doubling its asset management scale to INR 1.5 trillion by the first quarter of 2028. While expanding its retail presence, it still maintains a strong financial foundation. Recently, it was rated AA+/stable for its long-term debt by renowned credit rating agency CRISIL and upgraded to BB/stable by S&P Global.

        The smooth progress of the Taipei Roadshow and syndicated loan case not only helped Piramal Finance accelerate its international layout, but also demonstrated Far Eastern International Bank's strong strength and outstanding vision in expanding the Asian financial market and leading international large-scale cross-border syndicated loan cases.

        #