October 23

Asian Development Bank Provides $300 Million Loan to Boost Filipino Financial Inclusion

By Brian Canup

The Asian Development Bank (ADB) has greenlit a $300 million policy-driven loan. This endeavour assists the Philippine government in establishing a resilient institutional and policy backdrop, aiming to augment Filipinos’ access to financial services.

The primary focus is on the nation’s vulnerable demographic, ultimately fostering economic expansion.

Source: Trade Finance Global (link opens in a new window)

Finance, Technology
digital finance, financial inclusion, fintech, innovation