Asia’s Private Credit Surge: SMEs, EdTech’s New Lifeline

Asia's Private Credit Sector Eyes SMEs, Education, and Technology for Growth Opportunities

In the shifting sands of the global economy, Asia's small and medium-sized enterprises (SMEs), along with the education and technology sectors, are increasingly becoming focal points for the burgeoning private credit market. This pivot toward alternative funding solutions is largely influenced by the high-interest-rate environment and the economic transformations following the COVID-19 pandemic. Institutions such as HSBC, Bank of Singapore, and BlackRock are at the forefront, channeling efforts to bridge the funding gap that has emerged, particularly in these areas.