The Thai arm of Malaysia’s CIMB Group has also seen a steady demand for credit-linked bills of exchange (CLNs).

CIMB Thai Bank has raised its structured note volume by 35.5% to THB4.38 billion (US$141m) in H1 21 year-on-year, holding the third place in the issuer league table with 47 products brought to market. The bank’s volume could have translated into a higher market share which stood at 8.25% in H1 21 due to the irruption of dark horse Krungthai Bank, SRP data shows. The structured notes designated at fair value through profit or loss were stable at THB8.15 billion as at June-end compared wit

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