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HSBC and Asian Development Bank join forces in $300 mln vaccine financing

HSBC and Asian Development Bank join forces in $300 mln vaccine financing

(Reuters) - HSBC and the Asian Development Bank (ADB) will provide a combined $300 million in financing to help Asia's supply chains boost manufacturing capacity for COVID-19 vaccines, the two lenders said on Friday. The initiative builds on a risk-sharing scheme the banks launched in July to help to fund...

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ADB Asia Asian Development Bank HSBC Reuters Surath Sengupta

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