Korea Technology Finance Corporation

Global Network

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

Company Overview
Year Country Theme
1988

Japan

Current State and Problems of Credit Supplementation System

1989

Korea

- The Future Prospects of the Credit Guarantee System
- The Role of Credit Guarantee System in Economic Development
- The Financial Policy Alteration and the Credit Guarantee System

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
- Global and Regional Economic Outlook
- The Roles and Prospects of Credit Guarantee Systems in Economic Development

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:
- An Enhancing Mechanism for Credit Guarantee
- Insurance-How Financial Markets Could Help Credit Guarantee
- Insurance Business in the Global Context

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
- The 25-Year History of ACSIC and Its Future Development.

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

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