News Snapshot:
$300 Million Vaccine Financing To Be Provided Jointly By HSBC And Asian Development Bank 04/09/2021 With a second wave of the Covid-19 pandemic hitting countries like India in a major way, there are reports of a shortage of vaccines. In order to address this issue, HSBC and the Asian Development Bank (ADB) have got together to give a combined financing of $300 million for helping the manufacturing supply chains of Covid-19 vaccine makers in Asia, the two banks have said on Friday. This initiative is a follow up of the strategic policy of a risk-sharing scheme that the two banks...
