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