Press Releases


March 4, 2022

CGIF supports Indonesia’s Sukuk Markets Development with guaranteed Medium Term Ijarah Sukuk of PT Polytama Propindo

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce its support for the guaranteed IDR220.5 billion 3-year and 5-year medium term ijarah sukuk (“Medium Term Ijarah Sukuk”) issuances by PT Polytama Propindo (“Polytama” or “the Company”). Polytama is a leading manufacturer of polypropylene resin (PP resin) in Indonesia. The Medium Term Ijarah Sukuk transaction is CGIF’s continued support to the development of Indonesia’s sukuk markets following the guaranteed IDR160 billion public sukuk issuance for Polytama in 2021.

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February 2, 2022

Thaifoods Group wins the Best Social Bond at The Asset Triple A Sustainable Capital Markets Awards 2021

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce that the CGIF-guaranteed THB1 billion 5-year Guaranteed Social Bond (“Bond”) issued on 11 November 2021 by Thaifoods Group Public Company Limited (“TFG”) was awarded the Best Social Bond at The Asset Triple A Sustainable Capital Markets Awards 2021.

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January 18, 2022

CGIF receives capital from Thailand

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 18 January 2022 US$ 8,127,389.30 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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January 13, 2022

Telcotech wins the Best Local Currency Bond Award (Cambodia) at The Asset Triple A Country Awards 2021

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce that the CGIF-guaranteed KHR80 billion 5-year fixed-rate senior unsecured bond (“Bond”) issued on 25 August 2021 by Telcotech Ltd. (“Telcotech”) was awarded the Best Local Currency Bond Award in Cambodia in The Asset Triple A Country Awards 2021.

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January 13, 2022

Triasmitra wins the Best Local Currency Bond Award (Indonesia) at The Asset Triple A Country Awards 2021

The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce that the CGIF-guaranteed IDR583 billion 3-year and 5-year fixed-rate senior unsecured bonds (“Bonds”) issued on 8 January 2021 by PT Ketrosden Triasmitra (“Triasmitra”) won the Best Local Currency Bond Award in Indonesia in the Asset Triple A Country Awards 2021.

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