AECM, European Association of Guarantee Institutions

News from our members

Today 16 January 2017, the Portuguese government, IAPMEI, PME Investimentos and the Portuguese mutual guarantee scheme, member of AECM, launched a new 1,6 billion euros credit line with partial guarantee (from 50% to 70%) from the private mutual guarantee societies (MGS) and partial public counterguarantee (up to 65%) ) from the FCGM, managed by SPGM. Read more

EIF and CMZRB sign extension of COSME agreement: an amendment to the COSME agreement signed between the European Investment Fund and the Czech-Moravian Guarantee and Development Bank in December 2016 enables to guarantee loans for small entrepreneurs in an additional amount of EUR 370m (CZK 10bn) during next two years. Read more

Investment plan for Europe: EIB Group and Bpifrance sign two agreements to support sustainable industry and innovative SMEs
Paris, 10 October 2016 Bpifrance and the European Investment Bank (EIB) Group are strengthening their commitment to the Investment Plan for Europe with two new agreements: support for technological industrialisation via the creation of the first European investment platform and financing of innovative SMEs and midcaps with the renewal of the InnovFin SMEG agreement. Read more

Our Selected Events

May 19 2017

Joint conference of the European Commission and European Central Bank on European Financial Integration

Once a year, the European Commission and the European Central Bank organise a joint conference on financial integration in Europe. The 2017 conference will be held in Brussels on 19 May and will focus on the latest developments of the financial sector, as well as Banking Union and the Capital Markets Union as catalysts for further financial integration in Europe.

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Our Mission

AECM has 41 member organisations operating in 21 EU countries, Bosnia and Herzegovina, Russia, Serbia and Turkey. Its members are mutual, private sector guarantee schemes as well as public institutions, which are either guarantee funds or Development banks with a guarantee division. They all have in common the mission of providing loan guarantees for SMEs who have an economically sound project but cannot provide sufficient bankable collateral.

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Our Members

All AECM Members


  • Happy Holidays from AECM

    AECM wishes you very happy holidays and a peaceful and prosperous new year The AECM Secretariat, Chairman and the Board of Directors

  • Operational Training Session in Berlin

    Our next Operational Training Session will take place in Berlin on the 13 and 14 February 2017 on “the effects of digitization […]

  • Annual Event 2017

    AECM’s next Annual Event in 2017 will take place in Madrid, hosted by our Spanish member CESGAR. The date is set: the […]