Asialink Finance Corp. (AFC) has secured a ₱500 million sustainability-linked social facility from Taiwan-based Cathay United Bank (CUB), expanding financing to micro, small, and medium enterprises (MSMEs) in rural areas, unbanked individuals, and women-owned enterprises across the country. This...
The Asialink Group of Companies (Asialink) has reshuffled the leadership of its two flagship financing firms to position itself for faster growth, wider market reach, and stronger operational coordination amid rising competition in the financial services sector. The group stated that the transition...
Asialink Finance Corp., one of the largest non-bank lenders in the country, received a “Ba2” long-term corporate family rating from Moody’s Ratings, which cited the firm’s robust capital buffers and dominant position in the domestic credit market. In a statement, Moody’s said the credit...
Manila-based Asialink Finance Corporation (AFC) expects to post about ₱2.7 billion in net income by year-end, driven in part by the fresh $75-million (around ₱4.36-billion) term loan facility it secured from United Kingdom-based Standard Chartered Bank (SCB). Asialink said the maiden loan...
With only four percent of the total women-led micro, small, and medium enterprises (MSMEs) having access to formal financing, Manila-based Asialink Finance Corporation (AFC) has launched its fresh loan product to plug this gap. “Women entrepreneurs can borrow up to ₱20 million depending on...
Manila-based Asialink Finance Corporation (AFC) has secured a ₱120-million credit line from Taiwan-based Mega International Commercial Bank Co., Ltd. (Mega ICBC), a partnership aimed at expanding financing to the country’s micro, small, and medium enterprises (MSMEs). “With this additional...
