SUBSCRIBERS

StanChart commits US$1b to finance firms making in-demand items

Kelly Ng

Kelly Ng

Published Mon, Mar 30, 2020 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

STANDARD Chartered on Monday said it will set aside US$1 billion to finance companies that are providing goods and services to tackle the Covid-19 outbreak.

These firms will include manufacturers and distributors in the pharmaceutical industry and healthcare providers, as well as manufacturers of items such as ventilators, face masks, protective equipment and sanitisers.

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Copyright SPH Media. All rights reserved.