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  • VOLUME OF GUARANTEES REACHED KGS 780,5 MILLION

    VOLUME OF GUARANTEES REACHED KGS 780,5 MILLION

    SMEs support instrument.

    From the beginning of its activities and as of February 5, 2019, OJSC “GF” approved 676 guarantees in the amount of KGS 780.5 million. The amount of loans approved by partner banks amounted to KGS 2.816 billion.

    Since the beginning of 2019, 20 guarantees have been approved in the amount of KGS 25.5 million. Bank loans amounted to KGS 64.2 million.

    Thanks to guarantees, social and economic tasks are solved, new ones are created and existing jobs are supported. Among the recipients of guarantees are our active women entrepreneurs and exporting enterprises.

    In addition to the own funds of OJSC “GF”, last year it attracted two loans of KGS 100 million each from the RKDF. The first was successfully disbursed in the same year. Since the autumn of last year, a second loan is in process of disbursement. Guarantees have already been issued for 9 projects for a total amount of KGS 16.9 million.

    Funds are sent in accordance with the loan agreement to expand the coverage of guarantee support for regional entrepreneurs.