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Tag Archives: financing

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UnionBank helps small businesses rise again with $150M social bond

Investor, MSMEsBy Vaughn AlviarAugust 10, 2022

Thousands of small businesses got a crucial boost amid a pandemic-induced economic slowdown through UnionBank of the Philippines Inc.’s (UnionBank) issuance of a social bond worth $150 million or P7.55 billion. The bank financed the loans of 3,751 micro, small and medium enterprises (MSMEs) with the proceeds of the bond, UnionBank revealed in the that…

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