ACSIC
About ACSIC
Overview
- KOTEC was established as a credit guarantee institution in April 1989 in order to tackle the financing gap faced by technologically viable but credit-constrained SMEs. Their access to credit was boosted to a great extent by KOTEC's various credit guarantee facilities.
Objective
- The objective of Asian Credit Supplementation Institution Confederation (ACSIC) is to promote the sound development of the credit supplementation system for small businesses in the countries including regions of Asia excluding areas to the west and north of Pakistan through exchange of information, discussions and interchange of personnel among small business credit supplementation institutions (hereafter referred to as "institutions") in Asia.
Activities
- To achieve the preceding objective, ACSIC conducts the following activities:
1. Holding meetings for information exchange and discussions for the benefit of institutions. The meeting shall be held at regular intervals at venues rotating among the countries to which institutions belong, unless otherwise decided 2. Other activities necessary to achieve the ACSIC's objective.
Past ACSIC Theme
| Year | Country | Theme |
|---|---|---|
| 1988 | Japan | Current State and Problems of Credit Supplementation System |
| 1989 | Korea |
|
| 1990 | Malaysia | The Development of Small and Medium Size Business and the Challenges for Credit Guarantee Service in the 90's |
| 1991 | Indonesia | Intensified Collection of Recoveries Following Up the Settlement of Claims |
| 1992 | Thailand | The Role of Credit Guarantee System in Asia |
| 1993 | Taiwan | Credit Guarantee System in Asia |
| 1994 | Nepal | The Role of Credit Guarantee System |
| 1995 | Philippines | Towards Regional Cooperation in Credit Supplementation |
| 1996 | Japan | Creation of Vital Small and Medium Enterprises and the Role of Credit Supplementation Systems |
| 1997 | Sri Lanka | Credit Guarantee Schemes - Key to Small Industry Development |
| 1998 | Korea | Changing Economic Environment and the Role of Credit Guarantee System for the Technology Development of SMEs |
| 1999 | Malaysia | Challenges for the Guarantee System during Economic Uncertainties and Measures to Address Them |
| 2000 | Indonesia | The Greater Role of Credit Guarantee towards the New Millennium |
| 2001 | Thailand | The Credit Guarantee System As a Mechanism for SME Development and Economic Recovery |
| 2002 | Taiwan | Challenges and Opportunities for Credit Guarantee Systems in Changing Global Economic Environments
|
| 2003 | Philippines | The Role of Credit Supplementation in the Integration of World Economy |
| 2004 | Japan | New Evolution of the Credit Supplementation System for Further Development of SMEs |
| 2005 | Korea | Globalization of Credit Guarantee System and Its Adoption to Changing Financial Environment |
| 2006 | Malaysia | Credit Guarantee in a Market-Driven Environment : The Challenges of being Self Sustainable |
| 2007 | Indonesia | 20 years of ACSIC: How the Association Contributes to the ACSIC Members in Fostering the SMEs |
| 2008 | Indonesia | Thailand Capital Market:
|
| 2009 | Indonesia | Taiwan The Measures Taken by Credit Guarantee/Insurance System to Exert the SMEAssistance Functions during the Global Financial Crisis |
| 2010 | Philippines | After the Global Crisis: What’s Next: The Role of Credit Supplementation in Economic Recovery Efforts |
| 2011 | India | Emerging Challenge in Ensuring Long Term Sustainability of Credit Guarantee Organizations |
| 2012 | Japan | Aiming for New Advancement of Credit Supplementation Systems for Growing Asian Economies
|
| 2013 | Korea | Contributing to Economic Vitality in Asia through the Creative Operation of ACSIC |
| 2014 | Malaysia | Fostering a culture of Innovation For Sustainable Development |
| 2015 | Indonesia | Creating a Sustainable Credit Guarantee Organization |
| 2016 | Thailand | Credit Supplementation : The Callenges of Greating Value for Enterpreneurs |
| 2017 | Taiwan | Credit Supplementation system's Accomplishment and Its Outlook |
| 2018 | India | Credit Guarantee : a Vehicle for Inclusive Growths |
| 2019 | Sri Lanka | Credit Supplementation Towards Sustainable Development |
| 2020 | Postponed due to COVID-19 | |
| 2021 | Japan | Financial Support for SMEs Impacted by COVID-19 : (MeasuresImplementedinMemberCountries/RegionsthrourhCreditSupplementation) |
| 2022 | Korea | The Great Journey: How to Enhance SME Financing for Resilient and Sustainable Growth |
| 2023 | Mongolia | Looking Ahead: Fostering Green Financing for Sustainable Development |
| 2024 | Nepal | Financing Innovation for Economic Growth |
