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Home World Asia Pacific

SMEs’ booster towards financial health (Part 1): Equity financing

8 September 2024
in Asia Pacific
SMEs’ booster towards financial health (Part 1): Equity financing
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SMEs are a major driver of economic development in Southeast Asia, accounting for 97% of all enterprises, employing 69% of the total workforce, and contributing 41% of the GDP. Despite their significant impact, 51% of SMEs in the region, totaling 36 million businesses, are underserved by financial institutions, leading to a US$320 billion gap in funding.

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Tags: boosterEquityFinancialFinancinghealthPartSMEs
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