As a bank with a strong regional presence in ASEAN, our ambition is to connect businesses to new growth opportunities. Through us, businesses can find the right partners, explore new frontiers of trade, diversify their supply chains and expand seamlessly into new markets.

Southeast Asia is thriving with robust trade activities and the region is poised for strong economic growth, backed by strong fundamentals including a rising young population and increasing foreign direct investments. Data from the ASEAN Secretariat showed that trade in goods and services amounted to US$4.73 trillion in 2022, a year-on-year increase of 15.2 per cent. Incoming foreign direct investments into ASEAN reached an all-time high of US$224 billion in 2022, an increase of 5 per cent from the year before.

In addition, companies are increasingly establishing their presence in both ASEAN and Greater China to optimise their costs and supply chains.

Through our extensive regional footprint, we support businesses with plans to expand domestically and across the region. Our unique combination of strong sector expertise and local market knowledge enables us to help businesses navigate market complexities and to seize growth opportunities in ASEAN.

Our ambition is to be the number one cross-border trade bank in ASEAN. To achieve this, we have invested $800 million over the past eight years to enhance our cash management, financial supply chain management and payments capabilities.