June 25, 2019

CGIF raises capital from the Republic of the Philippines

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 19 June 2019, US$ 1,700,000 from the government of the Republic of the Philippines as its last installment payment for its subscription of new shares under the capital increase proposal (CIP) approved by CGIF’s Contributors on 6 December 2017.

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