ADB commits 30 mln USD loan to support MSMEs in Philippines

NAMPA / Xinhua
2026-02-07
MANILA, Feb. 7 (Xinhua) -- The Asian Development Bank (ADB) has signed a 30-million-U.S.-dollar loan to Fuse Financing Inc., the lending arm of the Philippines' largest e-wallet provider GCash, to help expand access to credit for micro, small and medium-sized enterprises (MSMEs) through a digital lending platform. The ADB said in a press release on Friday that the loan will promote the use of digital technologies to finance underserved and uns......
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