LGUGC is the first private corporation to go into the guarantee business in the Philippines. It is the private sector link in public-private partnerships for local development financing. Powered by the values of good governance, LGUGC mobilizes the resources of private sector financial institutions toward funding local development projects.
LGUGC was incorporated on March 2, 1998 with the primary mandate of granting local government units (LGUs) access to private sources of capital by providing credit enhancement to LGU debt. Its credit enhancement facilitates the entry of LGUs with development projects in the capital market. LGUGC´s stockholders are the Bankers Association of the Philippines, Development Bank of the Philippines and the Asian Development Bank.
Recently, LGUGC extended its guarantee services to water districts, electric cooperatives, state universities and colleges and renewable energy technology projects.
With proven track record for over a decade, LGUGC is the name to trust in the Philippine financial guarantee business.
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