Maybank extends P1-b credit line to Asialink Finance

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 55%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Asialink Finance Corp. secured a P1-billion credit line facility from Maybank Philippines to boost the financing landscape for micro, small and medium

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.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 20. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Digido Finance Corp. holds education donation drive in RizalUNDERSTANDING the immediate need to empower young Filipinos during their early education years, volunteering employees and management of Digido Finance Corp. provided school supplies to Cuyambay Elementary School in Tanay, Rizal as a result of an in-house donation drive.
La source: TheManilaTimes - 🏆 2. / 92 Lire la suite »