JBIC Opens USD300M Loan Facility for ASEAN SMEs

The Japan Bank for International Cooperation has committed to a USD300 million loan facility to support small and medium-sized enterprises with Japanese investments in developing Southeast Asian countries. JBIC will channel the funds through Malaysian universal bank CIMB Group Holdings Bhd and would be exclusively meant for smaller firms with Japanese interest, including both Japanese-owned SMEs and domestic firms with Japanese business partners. 

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    Tarra Quismundo

    Tarra Quismundo joined Devex Manila as a staff writer in October 2009 after more than six years of working as a reporter for the Philippine Daily Inquirer, a nationwide daily, for which she covered major breaking news in politics, military, police and international affairs. Tarra's Devex News coverage focuses on key Asian donors and top aid officials around the globe.