WE appreciate the opportunity to clarify certain operational points referenced in the Feb. 11, 2026, opinion column of Mr. Rigoberto D. Tiglao, titled “ADB puts P1.7 billion in Ayalas’ GCash,” which discusses the Asian Development Bank’s credit facility to Fuse Financing Inc., the lending arm of GCash.

The column raises concerns about digital lending practices, borrower protection and credit decision processes. We would like to put several factual matters on record regarding how lending within the platform operates.

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