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Giving Credit to Bali as a Conference Destination

100 Delegates from 10 Countries Expected in Bali for ACSIC Conference November 5-8, 2007.

(12/30/2006) Bali will act as host to a conference on extending financial credits to small and medium sized businesses scheduled to take place in Bali in November 5-8, 2007.

The 20th Asian Credit Supplementation Institution Confederation Conference (ACSIC) will draw some 100 delegates from 10 countries including Indonesia, Japan, South Korea, Malaysia, Sri Lanka, Nepal, Thailand, the Philippines, Taiwan, Papua New Guinea and India.

The declared theme of the November 2007 meeting will be "how ACSIC members can contribute to fostering small & medium-sized enterprises."

Acting as the host committee for the Bali conference are two Indonesian credits companies - PT Askrindo Perum Sarana Pengembangan Usaha and PT Penjaminan Kredit Pengusaha Indonesia..

Organizers of the Bali conference have expressed the wish that those attending will create a Bali Declaration that will support expanding the availability of credit to small and medium sized enterprises and acknowledges the ability of that sector of the economy to create employment and reduce unemployment.

The decision to hold the 20th ACSIC meeting in Bali was reached at the 19th ACSIC conference held in Kuala Lumpur November 19-22, 2006.