Philippine non-bank lender Asialink Group of Companies has secured a $75-million syndicated term loan arranged by Standard Chartered Bank to further expand its loan portfolio this year.
The facility pools funding from regional and international banks, including Bank of China, Taichung Commercial Bank, Chang Hwa Commercial Bank, Hua Nan Commercial Bank, and First Commercial Bank. The proceeds will be used to expand Asialink’s lending to micro, small, and medium enterprises (MSMEs) across the Philippines.
Asialink expects its loan portfolio to expand from 41.9 billion pesos ($720 million) in June 2025 to 48.7 billion pesos ($830 million) by year-end, backed by the new capital.
“MSME lending continues to fall short of the BSP’s goal, showing there’s still much work to be done to make financing truly inclusive,” said Robert B. Jordan Jr., CEO of Asialink Group of Companies. “This partnership with Standard Chartered enables us to play a bigger role in bridging that gap—using global capital to support Filipino entrepreneurs.”
The latest deal adds another layer to Asialink’s diversifying capital base, which now includes private equity and multilateral financing.
In February 2024, Malaysia-based private equity firm Creador invested 4 billion pesos ($71 million) in Asialink Finance Corporation, acquiring an 18% stake and a board seat.
Earlier this year, the International Finance Corporation committed up to $130 million, following a 115-million peso facility from the Asian Development Bank in December 2024.
