SIAGI, established in 1966 by the Chambers of crafts is the only multi-bank guarantee company. Due to its pivotal position and its place as a leader, it is able to solve the difficult question of financing an attractive but complicated target for its banking partners, that is, very small businesses.
The capital is held by the founding organizations, APCM and Chambers of craft (60%), seven banks hold 25% and Bpifrance holds 15%.
SIAGI, has 5 regional directions and 21 representative offices. Its head office is located in Paris, with a total of 86 staff members.
|Year of creation|
individual entities or association
|Type of scheme|
guarantee or counter-guarantee
guarantee or counter-guarantee or co-guarantee
i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models
Private / Public (in %)
|Private 25%, Public 75%|
of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
|Professional company with variable capital|
of members of an association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
|Structure / Network|
i.e. central scheme with regional offices, central scheme only, association network
|26 regional offices in France|
i.e. local, regional, national
i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc.
|Agriculture, Industry, Crafts, Retail, Liberal professions, Cooperatives|
|Size of businesses supported|
i.e. large companies, SMEs, micro-enterprises, independent/self-employed
|SMEs, Micro-enterprises, Independent/Self-employed|
i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members
|Financial intermediary status|
|Profit / Non-profit oriented|
dividends to public shareholders are not considered as profit orientation
|Do you benefit from a counter-guarantee at local, regional or national level?|
Local level or Regional level or National level
|Regional and National level - Conseils régionaux, FEI|
|Are you/your members financial intermediary for EU-programmes?|
CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020
|Types of guarantee products provided by your organisation/your members||Loan default guarantees, Working capital loan guarantees, Leasing guarantees, Project guarantees|
|Other SME support instruments offered by your organisation/your members|
Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services
|Is the activity subject to state aid regulation?||No|
|Do you (your members) use..?|
De minimis or GBER or Regional guidelines or Notification
|Do you (your members) dispose of an internal rating/scoring system?||Yes|
|Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)?||Yes|
|Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)?||No|