Overview

The Asian Credit Supplementation Institution Confederation, known as ACSIC, is the cooperation of Asia’s credit guarantee organizations. Established in 1987, ACSIC is Asia’s largest organization designed for credit guarantee, participated by 18 credit guarantee institutions from 13 Asian countries.

Objective

The objective of 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 but including Central Asia (hereinafter referred to as “Asia”) through exchange of information, discussions and interchange of personnel among small business credit supplementation institutions in Asia.

Activities

To achieve the preceding objective, ACSIC conducts the following activities:

• 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.
• Other activities necessary to achieve the ACSIC's objective.