#SMBC Nikko

Strong demand for Saudi Arabia’s $12bn bond issuance

Saudi Arabia has successfully sold $3.25bn, $4bn and $4.75bn bonds in tenors of six, 10 and 30 years for domestic budgetary purposes

Japan’s SMBC Nikko to open branches in Paris, Abu Dhabi

SMBC Nikko’s overseas operations earned $143m before taxes in the year ended March