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BusinessWorld Banking

Asialink Finance secures P500-million credit facility from Cathay United Bank

ASIALINK FINANCE Corp. (AFC) has secured a P500-million sustainability-linked social credit facility from Taiwan-based Cathay United Bank to boost financing for underserved sectors. The credit facility will help expand AFC’s lending to micro, small, and medium enterprises (MSMEs) in rural areas, unbanked individuals, and women-owned businesses in the country, it said in a statement on […]

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Source: bworldonline.com

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