Uniting Regional Safety Nets for Global Financial Stability
October 16, 2025
The global financial ecosystem must function as a coherent whole, with global and regional safety nets working in tandem.
October 16, 2025
The global financial ecosystem must function as a coherent whole, with global and regional safety nets working in tandem.
August 5, 2025
AMRO conducted a CMIM Workshop for Cambodian authorities at the Institute for Banking Studies in Phnom Penh on August 4-5, 2025.
February 17, 2025
Achri Anatanarak, Masato Matsutani
Global and regional financial safety nets play a crucial role in maintaining economic stability, especially during crises.
January 9, 2024
The underutilization of CMIM facilities during recent crises highlights the need to reevaluate the effectiveness of ASEAN+3 region’s financial safety net.
January 2, 2024
Argentina first established its bilateral swap agreement (BSA) with China in 2009 to provide a liquidity line of up to ARS38 billion or CNY70 billion (about USD10.3 billion).
December 28, 2023
The Chiang Mai Initiative Multilateralisation (CMIM) is the regional safety net of the ASEAN+3 region.
December 12, 2023
Being one of the largest RFAs in the world, the CMIM, with a lending capacity of $240 billion, has undergone continued improvements over the past decade.
November 23, 2022
Andrea Salvador, Chanthevivanh Keobounphanh
The cases of the Philippines and Indonesia are among the reasons why the CMIM has never been tapped.
October 14, 2022
Since 1958, two years after joining the International Monetary Fund (IMF),
September 28, 2022
With a total financing capacity of USD240 billion, the Chiang Mai Initiative Multilateralisation (CMIM) is the world’s second largest regional financing arrangement (RFA) among active RFAs, after the European Stability Mechanism (ESM) and much larger than most other arrangements in non-European regions.