Funding & Investment

Despite operating in challenging market conditions, loan issuers in Asia continue to support companies across multiple sectors, such as aviation and telecommunications, in their quest to access sustainable finance; CT spoke to corporates and banks about the landscape.

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".

Financing will include trade loans, securitisations, co-financing partnerships, term loans, working capital facilities and IPOs, according to the US bank.

The coal firm is converting organic and inorganic sulfur into usable sulfur and repurposing slag, which is a byproduct of turning coal into a fuel gas, for building materials. China's transition financing gap is vast.

HSBC has become the latest bank to sign a $1bn risk-sharing facility with the International Finance Corporation, to help address a trade finance gap in emerging markets.

Precious Shipping Public Company is looking to substantially reduce emissions in a first for the Asean shipping sector, with the help of an arm of the Asian Development Bank.

After a meeting on September 5, banks have made a number of pledges around lending, mortgage approvals and SME seminars over the next two months to help with productivity.

Firms in the garment and pharmaceutical sectors are navigating severe turbulence in their businesses. The new government is trying to shore up FX reserves, bank balance sheets, keep inflation under control, and deal with flooding that hit over five million people in August.

Global payment and banking firm Dock will integrate the technology to help serve clients, including MSMEs.

The People's Bank of China is stepping in to curb a rush into sovereign debt amid economic weakening, a rare move aimed at stabilising the financial markets.

ADB’s Trade and Supply Chain Finance Program has supported around $57bn of trade in emerging markets since it was established in 2009.

The Japanese bank has tapped into India’s microfinancing sector through a facility with Svatantra Microfin, which targets female entrepreneurs in India’s rural areas.