Next to multi international loan guarantee schemes worldwide, JLGC participated in ACSIC Conference 2015 held in Nusa Dua Bali , Indonesia during the period from 16 -19 Nov.2015. The conference aims to share experiences of the best practices of the credit guarantee systems and corporations among ACSIC members, the theme of the conference was "Measuring the Soundness and Key performance Indicator (KPI) of Credit Guarantee Corporations".
Dr. Mohammed Al Ja'fari; Director General of JLGC participated in the conference and the International Seminar as a speaker in the session about" The Role of Credit Guarantee Corporation to Support SMEs' Access to Finance" with more than 500 attendees. They are 16 members from 11 countries of ACSIC, banks, Ministries, Embassies and Consulates in Indonesia.
Dr. Ja’fari focused during his session on “The Role of CGC to Support SMEs in Middle East” through various topics highlighted in his presentation that covers the following:
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SMEs Economic Contribution in the MENA Region
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SMEs Access to Finance
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Obstacles to SME Lending in The MENA Region
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Creating Enabling Environment and Improving Lending Practices
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Credit Guarantee Schemes in MENA
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main Design Elements ( Mandate and policy objectives, Regulation, Eligibility Criteria, Coverage Ratio, Fee Structure, Payment Rules, Collateral, Down-payment Rules, etc…… )
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Financial Sustainability
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Outreach and Additionality.
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Main Challenges facing LGS in the MENA.
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Meeting the Challenge.The seminar gathered a number of experts and source people around the world for knowledge sharing with the theme of “The Challenge of Borderless SMEs Market in the developing economies and the role of the Credit Guarantee corporations”.
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