The Singapore-headquartered loan platform Lendela, which works with multiple banks and uses a 'reverse auction model', sees growth in markets with a “high level of maturity".
As operational costs remain high, businesses are looking for funding relief from the SAR's upcoming budget, according to DBS; meanwhile, some firms are looking to expand abroad into Asia and the Middle East.
CorporateTreasurer recently caught up with Winnie Chen, head of Asia Pacific, global payments services, Bank of America, to discuss real-time payments, QR codes, cross-border transactions and more.
Two leadership roles have been created to boost transaction banking and digital offerings; the British bank also announced its 2024 annual results last week.
Financing will include trade loans, securitisations, co-financing partnerships, term loans, working capital facilities and IPOs, according to the US bank.
The five-year loan is the first SLL in Hong Kong’s public transportation sector with Science Based Targets initiative approved decarbonisation targets.
