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Corporate Profile and Objectives

Thai Credit Guarantee Corporation (TCG), a state-owned specialized financial institution governed by the Ministry of Finance, was established under the “Small Industry Credit Guarantee Corporation Act B.E. 2534 (1991)”. On February 21, 1992, all assets, debts and responsibilities of The Small Industry Credit Guarantee Fund had been transferred over to TCG. The corporation’s major events are according to the following timeline

  • 30 December 1991

    TCG was established under the “Small Industry Credit Guarantee Corporation Act B.E. 2534 (1991)”.

  • 21 February 1992

    TCG took over all businesses and operations of The Small Industry Credit Guarantee Fund with an initial registered capital of Baht 400 million.

  • 3 July 2000

    The government by the Ministry of Finance made additional capital increase of Baht 4,000 million for TCG, making up a total registered capital of Baht 4,400 million.

  • 19 December 2003

    TCG was approved by a special resolution of its extraordinary general meeting of shareholders to increase its registered capital by another Bath 2,000 million.

  • 4 January 2008

    TCG called for partial share payment of Baht 302.47 million from the shareholders who had expressed their intention to take up new shares, making up a total registered capital of Baht 4,702.47 million.

  • 25 September 2009

    TCG was approved by the resolution of its extraordinary general meeting of shareholders no. 1/2009 to have another capital increase by Baht 2,137.47 million, of which Baht 2,000 million was intended to be acquired by the Ministry of Finance.

  • 14 October 2009

    TCG registered the capital increase with the Ministry of Commerce pursuant to such special resolution of the shareholders’ meeting, allowing TCG to have total registered capital in the overall equaling to Baht 6,839.95 million, of which Baht 6,702.47 million is paid-up capital.

Objectives of Establishment

  1. To assist small enterprises in obtaining a greater amount of credit from financial institutions.
  2. To strengthen the confidence of financial institutions in providing credits to small enterprises.
  3. To accelerate the credit extension to small enterprises throughout the country.
  4. To assist in the achievement of the small industry development target under the National Economic and Social Development Plan.