Asia Digest: Validus, Citibank set up $100m financing facility; M&G, ESR beef up Japan partnership

Asia Digest: Validus, Citibank set up $100m financing facility; M&G, ESR beef up Japan partnership

Photo by Pepi Stojanovski on Unsplash

Validus and Citibank have launched a $100-million facility that seeks to finance SMEs in Southeast Asia while M&G Real Estate and ESR Group announced a long-term partnership in Japan.

Validus, Citi set up $100m SME financing facility

Validus, a Singapore-based SME financing platform, has partnered with Citibank to establish a $100-million securitisation facility that is collateralised by SME loans originated by Validus in Singapore, according to an announcement.

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