Press Releases


December 30, 2022

CGIF receives capital from Indonesia

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 30 December 2022 the amount of US$3,000,000 from Indonesia as payment for subscription of new shares under the capital increase proposal (CIP) approved by CGIF’s Contributors on 6 December 2017. 

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November 25, 2022

CGIF receives capital from Thailand

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 25 November 2022 US$ 771,580.55 from Thailand as payment for subscription of new shares under the capital increase proposal (CIP) approved by CGIF’s Contributors on 6 December 2017.

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November 23, 2022

CGIF Appoints Mr. Hongwei Wang as New Chief Executive Officer

The Contributors of the Credit Guarantee and Investment Facility (CGIF) has appointed Mr. Hongwei Wang as its new Chief Executive Officer (CEO).

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April 7, 2022

CGIF guarantees first ASEAN local currency healthcare social bond by First REIT

The Credit Guarantee and Investment Facility (“CGIF”) has guaranteed First Real Estate Investment Trust’s (“First REIT” or the “Trust”) five-year SGD100.0 million Social Bond (“Social Bond”). This is ASEAN’s first healthcare social bond to be publicly distributed and denominated in an ASEAN local currency.

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March 22, 2022

CGIF supports China Education Group Holdings Limited’s dim sum bonds

The Credit Guarantee and Investment Facility (“CGIF”) has guaranteed China Education Group Holdings Limited’s (“CEG”) first bond issuance, comprising a 3-year CNH500.0 million offshore renminbi bond. This is ASEAN+3’s first international bond by an issuer from the higher education sector.

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