03
Sep
Validus has secured a debt facility of up to US$50 million from HSBC under the ASEAN Growth Fund strategy to support financial inclusion for Indonesian MSMEs. SINGAPORE, September 2, 2024 /EINPresswire.com/ — Validus, a leading digital SME lending platform headquartered in Singapore, today announced the establishment of a debt facility of up to US$50 million from HSBC under the ASEAN Growth Fund strategy and is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing their challenges in accessing financial resources. The facility will be deployed through Validus’ Indonesian subsidiary, Batumbu, which is currently the…
