What is a credit guarantee?

credit guarantee means an arrangement by which any person guarantees to discharge the monetary liability of another person, irrespective of its form, but does not, unless otherwise prescribed, include an undertaking or promise to 15 satisfy the obligation of another consumer in respect of a credit arrangement.

What is the meaning of CGIF?

The Credit Guarantee and Investment Facility (CGIF) was established in 2010 by 10 countries of the Association of Southeast Asian Nations (ASEAN), China, Japan, Republic of Korea and the Asian Development Bank.

Who is the CEO of CGIF?

HONGWEI WANG Mr. Hongwei Wang is the Chief Executive Officer (CEO) of CGIF. Prior to joining the Company, Mr. Wang was the Deputy General Manager of the Sovereign Business Department of the Export-Import Bank of China.

CGIF provides guarantees to local currency denominated bonds issued by corporations in the Region which paves the way for corporations to issue local currency bonds with longer maturities.

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CGIF Articles Of Agreement - Credit Guarantee And Investment Facility - Cgif-abmi

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CREDIT GUARANTEE AND INVESTMENT FACILITY ARTICLES OF AGREEMENT Dated 11 May 20101 As amended during the Special Meeting Contributors on 27 November 2013 in Shanghai, Peoples Republic of China, and.

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