Philippines-based lender Asialink Finance Corporation raises $71m from Creador

Philippines-based lender Asialink Finance Corporation raises $71m from Creador

Photo: Mari Gimenez / Unsplash.com

Malaysia-based private equity firm Creador has invested 4 billion Philippine pesos ($71.3 million) in Asialink Finance Corporation, a lender to small and medium enterprises (SMEs). This investment grants Creador an 18% stake in Asialink and a seat on its board of directors, the company said on Wednesday.