Executives of Asialink Finance Corp. and Maybank Philippines sign a P1-billion credit line facility to increase the former’s loan releases and broaden its portfolio. Signing the agreement at Asialink’s head office in Pasig City are Asialink president Eillen Mangubat, chief executive Robert Jordan and chairperson Ruben Lugtu II, along with Maybank Philippines president and chief executive Patrick Dennis Solosa and global banking head April Albotra.
The collaboration aims to increase Asialink’s loan releases and broaden its portfolio, empowering MSMEs with the financial support they need to thrive.The contract signing took place on Oct. 29, 2024 at Asialink’s headquarters in Pasig City. “We’re committed to working closely with Asialink to meet all requirements, with our team fully invested in supporting their continued growth. Asialink holds a unique connection to Malaysia, and I personally ensure that any Malaysian-affiliated company operating in the Philippines will receive our bank’s dedicated support. We’re honored to be part of this partnership with Asialink, building on our shared history and looking forward to a future of continued success,” said Solosa.
“With Maybank’s support, we can further our commitment to empowering Filipino entrepreneurs. This partnership enables us to expand our loan offerings, providing MSMEs with greater access to capital to grow their businesses and contribute to economic development,” said Jordan.
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