Indonesia
Schroders has roped in Sharon Sim, while FWD Group has appointed Jeffrey Woo.
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Vietnam
Parent MWG is targeting an IPO for Bach Hoa Xanh in 2028.
Philippines
Southeast Asia is increasingly becoming a proving ground for stablecoin-based payments.
The initiative is being rolled out in partnership with Impact Square.
The fund is a blended finance vehicle with a target size of $750 million.
Singapore
Citi plans to hire about 100 private bankers globally.
Rest of Asia
Dhaka-headquartered BRAC Bank has one of the country’s largest SME loan portfolios.
India
The round also saw participation from existing investors PeakXV and Z47.
The investment aims to enhance lending to eligible green and climate finance projects in the country.
The latest partners joining GIP in the second close include DBS and Cathay United Bank.
