Large Asian SMEs offer huge scope for GTS growth, says DBS

Tom McCabe, DBS managing director and head of global transaction services (GTS), says large Asian firms with about $100 million to $1 billion in turnover are not being served by global banks in Asia.
Tom McCabe, DBS
Tom McCabe, DBS

Much has been made of the growth of Asia’s small and medium-size enterprises (SMEs), but how significant is this segment to banks like DBS?

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