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  • AS OF SEPTMEBER 17, OJSC “GUARANTEE FUND” APPROVED GUARANTEES IN TOTAL OF 1. 283 BILLION KGS

    AS OF SEPTMEBER 17, OJSC “GUARANTEE FUND” APPROVED GUARANTEES IN TOTAL OF 1. 283 BILLION KGS

    News.

    As of September 17, 2019, OJSC “Guarantee Fund” approved 964 guarantees to entrepreneurs in total of 1.283 billion KGS. The volume of loans approved by partner banks is accumulated to 4.355 billion KGS.

    Since the inception of 2019, 308 guarantees have been approved in sum of 528.3 million KGS. Partner banks, under the guarantees of the fund, approved 1.603 billion KGS in loans.

    To Statistics lovers:

    As of August 31. 2019, 949 guarantees were issued in total amount of 1.270 billion KGS. The volume of loans under guarantees summed to 4.320 billion KGS.

    Women entrepreneurs have received 271 guarantees in total of 334 million KGS.

    The export-oriented projects accounted for 67 guarantees in total of 258 million KGS.

    Micro enterprises received 756 (81%) guarantees, small enterprises – 116 (12%), medium enterprises – 56 (6%), and large enterprises – 15 (1%)

    LABELING CAN FACILITATE THE DIGITALIZATION OF PRODUCT STREAMS AND ORGANIZATION OF A TRACKING SYSTEM IN EAEU

    Information for entrepreneurs.

    The regulation on the product labeling by means of identification in the Kyrgyz Republic was approved on September 17. The corresponding decision was signed by the Prime Minister of the Kyrgyz Republic, M. Abylgaziev, the website gov.kg informed.

    The established norms in the document will strengthen control over the circulation of commodities within EAUE, thereby minimizing gray turnover. Consumers are given a guarantee that the purchased goods are legitimate.