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
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AECM – European Association Of Guarantee Institutions |
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ALIGA – Latin American Guarantee Association |
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MENA – Middle East And North Africa Guarantee Network |
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REGAR – Iberoamerican Guarantee Network |
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FGC |
Angola |
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aws – austria wirtschaftsservice |
Austria |
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Sowalfin |
Belgium |
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CV Garante |
Cape verde |
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FOGAPE |
Chile |
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ACGG – Anhui Credit Guarantee Group |
China |
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Bpi France |
France |
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SOCAMA |
France |
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VDB – Verband Deutscher Bürgschaftsbanken |
Germany |
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ASSIPINDO |
Indonesia |
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GEDUNG JAMKRINDO |
Indonesia |
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ASSOCONFIDI |
Italy* |
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JFC |
Japan* |
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KODIT |
Korea |
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KOTEC |
Korea |
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Lebanon Guarantee Fund |
Lebanon |
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CGC |
Marocco |
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FOGAPI |
Peru |
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SPGM |
Portugal |
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CESGAR |
Spain |
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TESKOMB |
Turkey |
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SBA |
Usa* |
*to decide if they would sign as founding members at later stage
OBSERVERS
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CAF – Development Bank of Latin America |
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EIB/EIF – European Investment Bank / European Investment Fund |
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EU/EC – European Union / European Commission |
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IFC – International Finance Corporation |
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OECD – Organisation for Economic Co-operation and Development |
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SME Finance Forum / IFC |
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World Bank |
NEW MEMBERS
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FO.GA.BA S.A.P.E.M |
Argentina |
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PMV – Waarborgregeling – Flemish guarantee fund |
Belgium |
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National Guarantee Fund |
Bulgaria |
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Fondo para el Financiamiento del Setor Agropecuario |
Colombia |
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Credit Guarantee Company |
Egypt |
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KREDEX |
Estonia |
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ACGF – Afghan Credit Guarantee Foundation |
Germany /Afghanistan |
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CGFT- Credit Guarantee Fund Tajikistan |
Germany /Tajikistan |
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AVHGA – Rural Credit Guarantee Foundation |
Hungary |
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Jordan Loan Guarantee Corporation |
Jordan |
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INVEGA UAB – Investiciju ir verslo Garantijos |
Lithuania |
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GARFONDAS – Agricultural Credit Guarantee Fund |
Lithuania |
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BGK – Bank Gospodarstwa Krajowego |
Poland |
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FGCR – Romanian Rural Credit Guarantee Fund |
Romania |
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FNGCIMM – National credit guarantee fund for SMEs |
Romania |
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FRC S.C. Fondul Roman de Contragarantare S.A. |
Romania |
