Since 2010, Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF), has been steadfast in fulfilling its mandate to advance developmental change in the ASEAN+3. Through the years, CGIF has worked diligently to achieve “quality growth” in both areas of business expansion and risk management, significantly expanding its presence in local bond markets while growing its business and maintaining prudent risk management practices. 

CGIF’s solid track record has laid a strong foundation as it progresses toward a “sustainable growth” strategy that is based on these five pillars: strong capital, prudent and robust risk management, proactive business growth, a robust team with its own corporate culture, and continued strong support from governments.

The cover image embodies how we see the future: dynamic, progressive, overflowing with opportunities for growth and new beginnings, and primed for secure and sustainable development—ready for the future in the ASEAN+3. CGIF’s market development initiatives in 2024 alone marked a transformative year for its role in the region, and it will continue building on this momentum. The organization remains committed to taking decisive action in safeguarding stakeholders’ interests, effectively identifying and mitigating risks, and enhancing the bond market’s confidence in CGIF and its guarantee products.

CGIF is confident in its agility and ability to push even more boundaries, originate more initiatives for positive outcomes, and develop a future-proof ASEAN+3.