Report Details Growth in Growth Credit Across Asia and GCC
- Reports
- 4
- Developments
- 1
- Repetition
- 75%
New informationRepeats or wire copies
What happened
Praxis Global Alliance and EvolutionX Debt Capital launched a joint report titled, “Growth Credit: From Alternative to Essential.” The report was unveiled at the SVCA Annual Gala & Awards Dinner in Singapore on September 30, 2026. The analysis draws on data from over 1,700 credit deals valued at more than US$ 60 billion since 2021 across India, Southeast Asia, and the GCC.
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Why it matters
The findings indicate that growth credit is increasingly utilized not just for liquidity requirements but also to fund expansion, capital expenditure, and working capital. In 2025, these purposes accounted for 48%, 24%, and 14% of growth credit disbursements, respectively.
Digital banks are competing in the credit card market.
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Who's involved
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The entities involved
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Singapore
sovereign island country and city-state in maritime Southeast Asia
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