DBS Bank (Hong Kong), part of the banking group, has launched "Regional Investment Corridors" – an initiative which the bank says will empower its clients to “seize high-potential” ventures across Asia. In particular it will be focusing on Japan.
The programme was unveiled at a lunch event in Hong Kong.
DBS Hong Kong said it will also host events targeting Shanghai, Singapore and South Korea in the upcoming months to build robust corridors for capital exchange and foster region-wide impact
Left to right: Manabu Nagano, head of business development – Japan, Apex Group; Kunihiko Morishita, partner, Anderson Mori & Tomotsune; Lareina Wang, MD and head of SME banking, DBS Hong Kong; and Kate Hodson, partner, Ogier.
In its statement about the initiative, Singapore-headquartered DBS said “Japan's ascent as an international financial hub is particularly noteworthy,” citing foreign direct investment stock rising above ¥50 trillion ($6.5 billion) in 2023, with government targets aiming to double this amount by 2030.
“The launch of our 'Regional Investment Corridors' initiative reflects our dedication to acting as a facilitator and a strategic partner for inbound and outbound investment flows,” Boris Chan, managing director and head of institutional banking group, DBS Hong Kong, said.