Credit Guarantee

Small and medium enterprises (SMEs) have an important role in the economy of each country. However, most of the SMEs are facing difficulties in accessing finance. Understanding the importance
of SMEs in the economy, the governments established credit guarantee system to support SMEs through the provision of credit guarantee services for SMEs. Credit guarantee system for SMEs are widely used in the world, but also there exist many problems in the management and operations in some countries. This paper analyzes the actual operation of credit guarantee for SMEs in Vietnam. Also, giving the successful experiences were applied in Japan and from the propose measures to improve the performance of the credit guarantee system in Vietnam

This paper focuses on analyzing the operation of credit guarantee system in ASEAN where 3 case studies were selected: Thailand, Indonesia and Malaysia. These are three countries with credit guarantee systems for SMEs which are the most successful in the region. From the
analysis of the characteristics of the credit guarantee system for SMEs of the three countries above, the author gives some experiences for other countries in the region and the world. At the same time, the author proposes some solutions to improve operational efficiency of the credit
guarantee system in ASEAN countries.

This paper is a in-depth analysis and impact assessment of the credit guarantee system of Hungary. This study focuses mainly
on the practice of Garantiqa Creditguarantee Closed Co. Ltd and evaluates and analyzes the impact of the credit guarantee
on Hungarian economy in providing benefits tosmall and medium sized enterprises (SMEs), which contributes to the economicdevelopment of Hungarythrough providing benefits to the banks. Based on a comparative analysis this study shows a positive impact on the Hungarian economy.