Business · Companies · 17 hrs ago

Credit Saison and ADB plan loans for small businesses across Asia

Credit Saison and ADB plan loans for small businesses across Asia

Japan's Credit Saison will partner with the Asian Development Bank to expand loans for small and midsize businesses across Asia.

Credit Saison is a Japanese financial services company, and the ADB is a development bank.

The companies plan to use models and experience from Credit Saison's India operations as they work together.

They aim to develop lending in other emerging markets and create a new source of earnings for Credit Saison.

The ADB also joined a syndicated loan announced by Credit Saison's Indian subsidiary in May, showing earlier cooperation between the organizations.

The companies say their partnership will focus on expanding lending across the region.

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