On 2^nd to 6^th September 2024, CGCC Delegation, led by Mr. But Vanny, Director of Human Capital and Administration of CGCC, attended the 32nd Asian Credit Supplementation Institution Confederation (ACSIC) Training Program 2024 in Tokyo, Japan, co-hosted by the Japan Finance Corporation (JFC) and Japan Federation of Credit Guarantee Corporations (JFG), under the theme “Unique Initiatives Based on Recent Economic Situations” and “Pursuing Sustainability and Best Practices for SMEs through the Credit Supplementation System”.

This training program was participated by approximately 43 delegates from members and observers institutions of ACSIC (16 institutions from 13 different countries) including Cambodia, Indonesia, India, Japan, Korea, Malaysia, Mongolia, Nepal, Papua New Guinea, Philippines, Sri Lanka, Taiwan, and Thailand.

This training program also provided a good opportunity for CGCC’s delegates to expand the network with other peer guarantee institutions for further development of CGCC. For instance, some peer guarantee institutions agreed to exchange information, including their respective laws and regulations, with CGCC. CGCC’s delegates also learned how ACSIC Training Program is conducted, a useful experience for CGCC to host the ACSIC Training Program in the future.

ACSIC is the cooperation of the largest Asia’s credit guarantee organization established in 1987, designed for improving the credit guarantee system in Asia.