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MSIG USA and MSIG Hong Kong Collaborate to Support ADB Financing Program
MSIG USA and MSIG Hong Kong, on behalf of MS&AD Insurance Group, are supporting a Master Framework Program with the Asian Development Bank (ADB) designed to expand access to financing across Asia and the Pacific.
Through the program, participating insurers will provide risk-sharing support that can help ADB unlock up to $2.5 billion in financing for small businesses, affordable housing and other underserved borrowers.
The collaboration brings together expertise from MSIG USA’s Political Risk & Trade Credit team and colleagues across MSIG to support an innovative risk-sharing solution that can expand ADB’s lending capabilities and contribute to sustainable economic growth throughout the region.
The agreement was formally signed in Tokyo on August 11, with Shinichiro Funabiki, President and Group CEO of MS&AD Insurance Group, joining representatives from ADB and other participating insurance organizations.
The program demonstrates how collaboration across MSIG’s global network, combined with specialized political risk and trade credit expertise, can support solutions that help financial institutions manage risk while expanding access to capital.
Read more about the program from the Asian Development Bank.
Photos courtesy of the Asian Development Bank (ADB).
