YES Bank, the fourth largest private sector Bank of India was awarded the Financial Institutions Syndicated Deal of the Year 2012 in its Asia Pacific Region. The award was given for 155 million US dollar syndicated loan.
The award was given away by Asia Pacific Loan Market Association (APLMA), which is a leading trade association for syndicated loan market in this region. The award ceremony was held in Hong Kong.
The 155 million US dollar loan which was syndicated by YES bank was distributed across 9 different countries from 14 banks.