Asian Banking & Finance

HSBC worked with the companies to leverage their IP assets to secure loans.

Hospitals under the Gleneagles brand and Pantai brand are included.

IFC will provide up to $500m in risk-sharing for supply chain finance instruments.

Arora was also appointed as head of corporate bank in the Philippines.

Capital injections will strengthen major banks’ buffers, but subdued household and corporate borrowing remains the bigger constraint on loan growth.

The bank’s fee and commission income grew sevenfold whilst deposits more than doubled.

DBS, Commonwealth Bank of Australia, AP+, and IDFC FIRST Bank are amongst the participants.

It will offer cash loans and introduce other credits products over time.

Chris Power will co-lead Citi’s global chemicals franchise with Arkadi Nachimowski.

A spokesperson said that they are engaging with relevant parties.

It also said that certain categories in its finance framework are aligned with the Climate Bonds’ criteria.

One card offers a complimentary towing service and 10% discount on spare parts.

Alsagoff is head of product for Antom SEA whilst Yeo will head Antom Philippines.

Their next step is to detail how the principles can be implemented.