IFC invests $55 mil in Fullerton Healthcare in the Philippines

SINGAPORE (Sept 12): International Finance Corporation (IFC), a member of the World Bank Group, is investing in Fullerton Healthcare Corporation to improve the provision of affordable healthcare in the Philippines and enhance efficiencies in the health maintenance organisation (HMO) market.

Wholly owned subsidiaries Fullerton Health Philippines Holdings Corporation and Fullerton Health Philippines on Wednesday secured a US$40 million ($55 million) long-term loan facility with IFC.

Founded in Singapore in 2011, Fullerton Health is a leading vertically integrated healthcare platform in the Asia Pacific region and serves clients through over 500 healthcare facilities and a large global network of healthcare providers across eight markets in Asia.

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