Asialink Finance Corporation has secured a ₱120-million credit line from Taiwan-based Mega International Commercial Bank Co. Ltd (Mega ICBC), demonstrating its commitment to empowering micro, small, and medium enterprises (MSMEs) through timely, flexible, and inclusive financing. This strategic partnership will support Filipino entrepreneurs, including small retailers, service providers, and transport operators, by providing capital for business growth, job creation, and community contribution. The agreement also strengthens Asialink’s goal of enhancing grassroots enterprise development for broader economic growth.
“Our partnership with Mega ICBC is a meaningful step in widening our capacity to serve more MSMEs across the country,” said Sam Cariño, President and CEO of Asialink Finance Corporation. “At the heart of this collaboration is our belief that inclusive financing leads to inclusive growth because when small businesses succeed, local economies thrive.”
Mega International Commercial Bank Co., Ltd, also known as Mega ICBC, has built a reputation for supporting organizations that drive inclusive development. Its partnership with Asialink allows the bank to extend its support to MSMEs in the Philippines through a financing partner that understands local enterprises’ unique challenges and opportunities.
“More than their strong growth outlook, we chose to partner with Asialink because of their clear commitment to making financial services accessible to Filipino communities,” said Mr. Kuo Yao-Yu, Vice President and General Manager of Mega ICBC. “We believe in Asialink’s mission to uplift underserved entrepreneurs and are proud to support their efforts in creating a more inclusive financial ecosystem in the Philippines.”
This agreement builds on a series of significant financing milestones for Asialink. In late 2024 and early 2025, Asialink secured a $115 million financing package from the Asian Development Bank (ADB) and a $130 million deal with the International Finance Corporation (IFC) to expand access to capital for women-led businesses. These partnerships reflect Asialink’s growing network and deepening impact across the Philippine MSME sector.
To learn more about Asialink’s programs and partnerships, visit www.asialinkfinance.com.ph.