Global Network of Guarantee Institutions (GNGI)

On Friday 24 June 2016 the Global Summit of SME Guarantee Organizations Leaders decided in Porto to set up a Global Network of Guarantee Institutions (GNGI) in order to improve credit access for SME worldwide.

GNGI is a digitally-based Network. To consolidate their role as an instrument for economic development  it operates without any fixed structure and without any formal obligation to its members apart from the ones set in this Revised Foundation Document. GNGI has one or two Coordinator(s) agreed among its members and it has a website.

The network serves as a platform for the exchange of information on the industry in order to facilitate working together and making the guarantee business even more efficient. There is no mandatory fee for interested organizations to join. The network meets every year at one of its member’s annual events such as ACSIC, AECM, REGAR or MENA and a Global Coordinator is in charge of maintenance and representation. The coordinator of this new project is José Fernando Figueiredo, inter alia Special Honorary Chairman of AECM.

GNGI’s mission is to help the Credit Guarantee Schemes that are members of the network to promote:

  • the guarantee instruments worldwide
  • the exchange of experiences
  • best practices among its members

Global Network of Guarantee Institutions-Launching declaration

FOUNDING MEMBERS

AECM – European Association Of Guarantee Institutions

ALIGA – Latin American Guarantee Association

MENA – Middle East And North Africa Guarantee Network

REGAR – Iberoamerican Guarantee Network

FGC

Angola

aws – austria wirtschaftsservice

Austria

Sowalfin

Belgium

CV Garante

Cape verde

FOGAPE

Chile

ACGG – Anhui Credit Guarantee Group

China

Bpi France

France

SOCAMA

France

VDB – Verband Deutscher Bürgschaftsbanken

Germany

ASSIPINDO

Indonesia

GEDUNG JAMKRINDO

Indonesia

ASSOCONFIDI

Italy*

JFC

Japan*

KODIT

Korea

KOTEC

Korea

Lebanon Guarantee Fund

Lebanon

CGC

Marocco

FOGAPI

Peru

SPGM

Portugal

CESGAR

Spain

TESKOMB

Turkey

SBA

Usa*

*to decide if they would sign as founding members at later stage

OBSERVERS

CAF – Development Bank of Latin America

EIB/EIF – European Investment Bank / European Investment Fund

EU/EC – European Union / European Commission

IFC – International Finance Corporation

OECD – Organisation for Economic Co-operation and Development

SME Finance Forum / IFC

World Bank

NEW MEMBERS

FO.GA.BA S.A.P.E.M

Argentina

PMV – Waarborgregeling – Flemish guarantee fund

Belgium

National Guarantee Fund

Bulgaria

Fondo para el Financiamiento del Setor Agropecuario

Colombia

Credit Guarantee Company

Egypt

KREDEX

Estonia

ACGF – Afghan Credit Guarantee Foundation

Germany /Afghanistan

CGFT- Credit Guarantee Fund Tajikistan

Germany /Tajikistan

AVHGA – Rural Credit Guarantee Foundation

Hungary

Jordan Loan Guarantee Corporation

Jordan

INVEGA UAB – Investiciju ir verslo Garantijos

Lithuania

GARFONDAS – Agricultural Credit Guarantee Fund

Lithuania

BGK – Bank Gospodarstwa Krajowego

Poland

FGCR – Romanian Rural Credit Guarantee Fund

Romania

FNGCIMM – National credit guarantee fund for SMEs

Romania

FRC S.C. Fondul Roman de Contragarantare S.A.

Romania