Loan defaults in Bangladeshi's banking sector have reached an all-time high of 35.7% of total disbursed loans, posing a severe threat to depositors; elections will take place in February 2026.

Read on to find out the winners of the Deal Awards - Asia Pacific.

After a deluge of defaults, a new state-owned bank called United Islamic Bank is set to emerge out of the five banks, with the plan to privatise them over time.

Bangladeshi businesses and economists are pressing the government to defer the graduation from the UN’s least developed country (LDC) status. They argue the government needs to consider the impacts on exports, tariffs, loans and patents.

Amid rising geopolitical fragmentation and tightening capital, infrastructure is emerging as a resilient asset class. Philippe Valahu discussed how a shift towards climate-smart, gender-inclusive, and blended finance-backed projects is redefining long-term value.

The rationale behind all the winners in Bangladesh, India, Pakistan and Sri Lanka.

As they approved the Budget, cabinet members of the interim government scrapped the revenue raising provision on June 22 amid strong criticism.

The South Asian nation has agreed a more flexible exchange rate to help unlock $1.3bn of funds.

Thakker has been Citi's head of capital management for Japan, Asia North and Australia and Asia South; he will relocate from Hong Kong to Singapore.

An April review by the IMF ended without an agreement, with June the next opportunity to meet the IMF's conditions and release two tranches of loans.