Corporate Credit Guarantees in Asia

14 Pages Posted: 18 Jun 2012

See all articles by Ilhyock Shim

Ilhyock Shim

Bank for International Settlements (BIS)

Date Written: December 1, 2006

Abstract

In many Asian countries, government institutions have played an important role in guaranteeing SME loans. Nevertheless, they have also exhibited lacklustre operating profits in recent years. Two episodes of failures involving companies offering credit guarantees highlight the importance of sufficient capitalisation and prudent risk management, as well as the difficulty borrowers have in making a transition from credit guarantees.

JEL Classification: G200, G220, G280

Suggested Citation

Shim, Ilhyock, Corporate Credit Guarantees in Asia (December 1, 2006). BIS Quarterly Review, December 2006, Available at SSRN: https://ssrn.com/abstract=1632358

Ilhyock Shim (Contact Author)

Bank for International Settlements (BIS) ( email )

78F, Two International Finance Centre
8 Finance Street, Central
Hong Kong, n/a n/a
Hong Kong

HOME PAGE: http://www.bis.org/author/ilhyock_shim.htm

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