asiaone.com - 1 years ago

In a striking display of entrepreneurial spirit, women-owned businesses in Singapore are increasingly setting their sights on international markets, with OCBC Bank s new initiative providing crucial support. Promising growth since launch The OCBC Women Unlimited programme, launched in April 2024, has already shown promising results.  As OCBC group chief executive Helen Wong revealed at a networking event on Friday (Aug 16), The number of loans extended to female-owned businesses grew over 30 per cent in the two months after the programme s launch, compared with the two months prior to launch. This growth outpaced loans to male-owned enterprises, which increased by over 20 per cent in the same period.  Empowering women entrepreneurs Wong emphasised the programme s commitment to accessibility, stating, As part of this programme, we expanded our SME sustainable finance framework to include a new category of social loans. This will make financing even more accessible for women entrepreneurs.

Berita Terkini

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