Press Releases


July 10, 2020

CGIF raises capital from the Socialist Republic of Viet Nam

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 01 July 2020 US$ 800,000 from the Socialist Republic of Viet Nam as payment for subscription of new shares under the capital increase proposal (CIP) approved by CGIF’s Contributors on 6 December 2017.

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June 5, 2020

CGIF publishes its research on Thailand’s corporate bond market

This report utilizes available information from Bloomberg and other secondary sources to arrive at the market size of the corporate bond market in Thailand. The industry classification of this report follows those of Bloomberg’s. Specifically, the Financials sector from Bloomberg is composed of Banks, Financial Services, Commercial Finance, Consumer Finance, and Real Estate.

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May 6, 2020

PRASAC Microfinance Institution PLC (“PRASAC”) issues the largest bond with CGIF guarantee

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce the second CGIF-guaranteed bond in Cambodia. CGIF guaranteed 100% of PRASAC’s KHR 127.2 billion fixed rate 3-year bond. The first bond issuance of PRASAC marks the single largest capital raising in the history of Cambodia’s capital market.

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April 30, 2020

RMA (Cambodia) PLC (“RMAC”) debuts in the Cambodian bond market

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce the first CGIF-guaranteed bond in Cambodia. CGIF guaranteed 100% of RMAC’s KHR 80 billion fixed rate 5-year amortized bonds.

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January 15, 2020

CGIF signs a THB1.5 billion Risk Participation Agreement with the Asian Development Bank

CGIF signed on 10 January 2020 a Risk Participation Agreement (RPA) with the Asian Development Bank (ADB) to share 50% of the default risk on ADB’s investment of THB 3 billion in 7-year Green Bonds issued by Energy Absolute Public Company Ltd on 16 October 2019.

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