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HSBC setting up $1 billion growth fund to scale up digital platform businesses in Southeast Asia

SINGAPORE (Reuters) -HSBC on Wednesday said it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast Asia. The London-headquartered bank is tapping into Southeast Asia's digital economy, which it said is among the world's fastest growing, expecting it to hit $600 billion in value by the end of the decade from $218 billion last year. "With a working population that is digitally...
Yantoultra Ngui Tom Hogue Fanny Potkin Amanda Murphy Growth Fund Southeast Asia
Source: yahoo.com

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