In a significant boost to the financing landscape for micro, small, and medium enterprises (MSMEs) in the Philippines, Asialink Finance Corporation has secured a PHP 1 billion credit line facility from Maybank Philippines. This 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 29 October 2024, at Asialink’s headquarters in Pasig City. Maybank president and CEO Patrick Dennis Solosa underscored the bank’s commitment to supporting MSMEs through strategic partnerships. “We’re excited to expand our reach in the SME sector, not only by increasing the range of clients we can serve but also by enhancing the level of service we extend to each one. 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.”
Robert B. Jordan Jr., CEO of Asialink Finance Corporation, highlighted the impact this credit line facility will have on their mission to support local businesses. “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.”
Asialink Finance Corporation, one of the leading financing companies, continues to prioritize the needs of MSMEs, recognizing them as key drivers of the country’s economy. This collaboration with Maybank represents a strategic step forward in Asialink’s mission to create accessible financial solutions that drive business growth and sustainability for local enterprises.
Photo Caption: The ceremonial partnership signing took place at Asialink’s Head Office in Pasig City, featuring Asialink executives—President Eillen Mangubat, CEO Robert B. Jordan, and Chairperson Ruben Y. Lugtu II—alongside Maybank Philippines executives—President and CEO Patrick Dennis L. Solosa and Global Banking Head April Albotra.
