Vietnam
The initiative is being rolled out in partnership with Impact Square.
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Indonesia
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.
World
The integration follows the acquisition of GuarantCo from Cardano Development.
BII, CIP will commit $150 million each to the platform.
Jakarta’s main stock index JKSE dropped more than 3% on Tuesday.