HSBC unveils $1b ASEAN Growth Fund for digital platform players

  • 📰 SBRMagazine
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

pstrongThe amount will be used to lend to digital companies to boost their operations./strong/p pHSBC launched a $1b ASEAN Growth Fund to support the growth of digital platform players in the region.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.