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The bank wants to help scale digital 'platform players', and is also offering $150m of venture debt to the Singapore market to provide financing to early-stage, high-growth companies backed by venture capital or private equity.
SINGAPORE: HSBC on Wednesday (Mar 27) said it is setting up a US$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 i
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.
British financial services group HSBC has set aside $1.5 billion across two new debt funds focused on "digitising" companies in Southeast Asia.
Ecologist's parents see big cat walking across front lawn during overnight hours.