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.