For the first time, these SMEs can access multiple markets through a single banking partner.
DBS Group Holdings and Japan Finance Corporation (JFC), a financial institution wholly owned by the Japanese government, have signed a memorandum of understanding (MOU) to support the regionalisation of Japanese small and medium sized enterprises (SMEs).
In its release dated Nov 27, DBS revealed that this partnership would enable DBS to provide financing support for SMEs expanding into key Asian markets such as China, Hong Kong, India, Indonesia, Singapore and Taiwan.
