HSBC launches $1 billion lending fund for female entrepreneurs
SINGAPORE (Reuters) - HSBC Holdings said on Thursday it was launching a $1 billion lending fund to invest in female-owned businesses over the next 12 ...
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SINGAPORE (Reuters) - HSBC Holdings said on Thursday it was launching a $1 billion lending fund to invest in female-owned businesses over the next 12 ...
SINGAPORE - HSBC Holdings said on Thursday (May 12) it was launching a $1 billion (S$1.4 billion) lending fund to invest in female-owned businesses over the next 12 months. "The level of funding received over time by female-led businesses is significantly lower than male counterparts, while the recent impacts of the pandemic have seen these same businesses disproportionately affected," Sam...
HSBC today announces the launch of a Female Entrepreneur Fund (“Fund”), which will provide US$1bn in lending to female-owned businesses over the next 12 months.
Female-owned businesses received just 3% of overall startup funding in 2019, HSBC said.