{"id":1992,"date":"2022-09-05T05:39:36","date_gmt":"2022-09-05T05:39:36","guid":{"rendered":"https:\/\/smeloans.com\/?p=1992"},"modified":"2024-02-20T05:42:04","modified_gmt":"2024-02-20T05:42:04","slug":"sme-lender-validus-and-citi-set-up-us100-million-securitisation-facility","status":"publish","type":"post","link":"https:\/\/smeloans.com\/index.php\/2022\/09\/05\/sme-lender-validus-and-citi-set-up-us100-million-securitisation-facility\/","title":{"rendered":"SME Lender Validus and Citi Set Up US$100 Million Securitisation Facility"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Southeast Asian SME growth financing platform&nbsp;<a href=\"https:\/\/fintechnews.sg\/tag\/Validus\" target=\"_blank\" rel=\"noreferrer noopener\">Validus<\/a>&nbsp;and Citibank announced the establishment of a US$100 million securitisation facility. This will be collateralised by SME loans originated by Validus in Singapore.<\/p>\n\n\n\n<p>In March this year, Validus&nbsp;<a href=\"https:\/\/fintechnews.sg\/59953\/lending\/validus-inks-deal-to-acquire-citibusiness-loan-portfolio-in-singapore\/\" target=\"_blank\" rel=\"noreferrer noopener\">announced<\/a>&nbsp;that it had inked a deal to acquire CitiBusiness\u2019 loan portfolio in Singapore.<\/p>\n\n\n\n<p>The facility is also supported by First Plus Asset Management, a Singapore-based multi-asset investment manager focused on Asia structured credit and equities.<\/p>\n\n\n\n<p>Since the facility was established in the second quarter, Validus said that it had doubled its borrower base in Singapore and grew its loan book by 60% across the group over the same time period.<\/p>\n<cite><a href=\"https:\/\/fintechnews.sg\/63574\/lending\/sme-lender-validus-and-citi-set-up-us100-million-securitisation-facility\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/fintechnews.sg\/63574\/lending\/sme-lender-validus-and-citi-set-up-us100-million-securitisation-facility\/<\/a><\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Southeast Asian SME growth financing platform&nbsp;Validus&nbsp;and Citibank announced the establishment of a US$100 million securitisation facility. This will be collateralised by SME loans originated by Validus in Singapore. In March this year, Validus&nbsp;announced&nbsp;that it had inked a deal to acquire CitiBusiness\u2019 loan portfolio in Singapore. The facility is also supported by First Plus Asset Management, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[37],"tags":[23,38,24],"class_list":["post-1992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-loans","tag-sme-loans","tag-sme-sectors"],"_links":{"self":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/comments?post=1992"}],"version-history":[{"count":1,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1992\/revisions"}],"predecessor-version":[{"id":1993,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1992\/revisions\/1993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media\/1962"}],"wp:attachment":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media?parent=1992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/categories?post=1992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/tags?post=1992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}