In the Thomson Reuters Asia-Pacific (excluding Japan) mandated arranger league table for the nine months to the end of September 2014, the Industrial and Commercial Bank of China leapt three spots to take the lead.  ANZ took second spot - up one level from last year's ranking - with a seven per cent market share, achieved by arranging 211 loans. The China Development Bank dropped one spot from its 2013 ranking to land in third place with 6.4 per cent market share via 43 transactions. And not too much further down the table - just behind HSBC in fifth and ahead of another regional powerhouse, Standard Chartered - lurked the rest of the big four with NAB, Commonwealth Bank and Westpac sitting in sixth, seventh, and eighth spots, respectively. All of them had garnered a touch over 4 per cent market share from their parts in arranging just over 100 loans each, respectively.The Australian loan market itself was the second busiest in terms of volume, closing US$67 billion in loans so far in 2014. This was an increase of 27 per cent over the almost US$53 billion raised in the corresponding period in 2013. M&A activity in Australia contributed to over 12 per cent of the country's loan volume, while refinancing accounted for almost 60 per cent of loans in the first three quarters of 2014. Project financing reached over US$7 billion or 11 per cent of loan volume largely due to the US$5.1 billion Roy Hill Ore project.For the homegrown league tables, whether it be mandated loan arranger or book runner the top half a dozen spots were the same in both tables with ANZ in top spot followed by the rest of the big four HSBC and bank of Tokyo-Mitsubishi UFI.