Asialink gets P125-M Hana Bank credit line

Jul 11, 2024 12:21 am

ASIALINK Finance Corp. has secured a P125-million credit line from Hana Bank Global to enhance its lending resources for Filipino small-scale businesses, marking its first financial partnership with a Korean bank.

'This breakthrough collaboration with a South Korean bank marks a vital step towards strengthening further Asialink's diversification of funding sources for re-lending to the largely unbanked business sector,' Asialink President and COO Eillen Mangubat said.

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