HSBC launched a $1b ASEAN Growth Fund to support the growth of digital platform players in the region.
The amount will be lent to companies that are ramping up their operations through digital platforms in the region, targeting new-economy names, more established corporates and non-banking financial institutions.The bank will assess the companies' operating metrics tied to their “cashflow-generative asset portfolio, rather than relying solely on traditional financial metrics.”
“The introduction of our latest offerings allows us to better support new-economy companies in ASEAN, whether they are start-ups or scale-ups, as they expand across the region and advance along the corporate lifecycle,” she added. ...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
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