2015-09-28
On September 28, 2015, H.E Neav Chanthana, Deputy Governor of the National Bank of Cambodia, chaired a meeting with Mr. Kiyoshi Nishimura, Chief Executive Officer of Credit Guarantee and Investment Facility (CGIF). The meeting aimed at learning about the investment facility and credit guarantee and the benefits that Cambodia may gain. CGIF was established under the Asian Bond Market Initiative (ABMI) since 2010 to promote economic development, stability, and resilience of financial markets in the region, and its main function is to provide guarantees for local currency denominated bonds issued by credit-worthy corporations in the ASEAN+3 region. CGIF has its paid-in capital of U.S$ 700 million with its guarantee capacity of U.S$ 1.75 billion.
