IFC and ADM Capital Launch New Platform to Advance Asian Emerging Markets, Turnaround SMEs and Save Jobs

IFC and ADM Capital Launch New Platform to Advance Asian Emerging Markets, Turnaround SMEs and Save Jobs

IFC and ADM Capital Launch New Platform to Advance Asian Emerging Markets, Turnaround SMEs and Save Jobs

IFC, a member of the World Bank Group, and ADM Capital, have launched a repeat lending platform to support sound, but financially stressed companies in Asia. The platform will act as a safety net allowing small and medium enterprises (SMEs) to grow in the absence of bank financing, subsequently saving jobs and securing livelihoods.

The ADM Capital Somei Lending Platform addresses a credit vacuum in Asia whereby stressed, small and middle market firms that operate in dysfunctional markets or in special situations gain access to medium-term debt financing that cannot be obtained through traditional sources.

IFC ADM Capital Press Release – May 16 – ENG