Financial strength & sustainability

Capital Management

Financial strength & sustainability

CGIF’s capital management framework ensures long-term sustainability, supports its guarantee capacity, and strengthens investor confidence. As a trust fund of the Asian Development Bank (ADB), CGIF operates with prudence and accountability while maximizing impact across the ASEAN+3 bond markets.

Capitalization Overview

Building a Strong Capital Base

CGIF was initially capitalized at USD 700 million by its contributors, including ASEAN+3 governments and ADB. As of August 2023, CGIF’s capitalization has grown to USD 1.158 billion through the successful implementation of its Capital Increase Plan.

$700M

Initial Capitalization at Establishment

$1.16B

Total Amount Guaranteed

13

ASEAN+3 Member Governments as Contributors

01

Trust Fund under the Asian Development Bank

Contributors and Capital Composition

Backed by Regional Commitment

The Meeting of Contributors is the highest decision-making organ of CGIF. Specific powers of the Meeting of Contributors are stated in the Articles of Agreement of CGIF. The Meeting of Contributors formally meets within five months after the end of each Fiscal Year.

CONTRIBUTORSCAPITAL CONTRIBUTION (USD)
🇨🇳People's republic of China
342,800,000
🇯🇵Japan
342,800,000
🏦Asian Development Bank
180,000,000
🇰🇷Republic of Korea
171,400,000
🇮🇩Indonesia
30,600,000
🇵🇭Philippines
30,600,000

Financial & Risk Transparency

Reports that strengthen confidence

Explore CGIF’s published reports showcasing its capital adequacy, risk management discipline, and guarantee performance. These documents reflect our ongoing commitment to transparency and responsible capital stewardship.

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Capital Adequacy Report 2023

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Risk Allocation & Reserve Strategy

PDF
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Guarantee

PDF
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Liquidity & Solvency Position

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