The heterogeneous nature of CGS in the Southern Mediterranean is revealed
by their different performance in providing guarantees to MSMEs; ownership
and governance structures; objectives; approaches to guarantee extension;
distribution channels; guarantees product range; risk management practices
as well as supervision and regulatory frameworks. This diversity calls not
only for a careful analysis of the different schemes, but also for an
exchange of best practice between EU, Southern Mediterranean and schemes
operating in other regions in order to identify features and practices of
CGS conducive to better outreach to MSMEs and efficiency, bearing in mind
that the ultimate objective of EMGN trainings is to empower Southern
Mediterranean CGS to reach their full potential.