Dear partners, entrepreneurs, colleagues, and friends!
Happy New Year!
I wish you good luck in the new year, so that you achieve all your goals! In the past year, we completed a lot of creative work together, laid the foundations for the further development of our companies, and made a great contribution to the economy of Kyrgyzstan.
I wish you a success and achievements, family well-being, financial prosperity!
The Chairman of the Management Board of OJSC “Guarantee Fund”
According to the latest data, as of December 31 of the outgoing year, OJSC “Guarantee Fund” approved 1 602 guarantees in amount of 1 675 million KGS. The volume of loans approved by partner banks amounted to 5 647 million KGS.
Since the inception of this year, 946 guarantees have been issued in amount of 920.7 million KGS. At the same time, the amount of bank loans amounted to 2 895 million KGS.
The good news is also on loan of RKDF received by OJSC “Guarantee Fund” in amount of 100 million KGS. It has been successfully mastered. Within the framework of this credit line, 28 guarantees were issued in amount of 100.5 million KGS (101%)
Support of Regions.
The results of the activities of OJSC “Guarantee Fund” for 2019 and previous years, show an increase in quantitative and qualitative indicators, confirming the correctness of the chosen strategy of activity with emphasis on supporting regional entrepreneurs.
From the beginning of activities and as of December 31, 2019, OJSC “Guarantee Fund” approved 1602 guarantees in amount of 1 676 million KGS, the volume of loans issued by partner banks amounted to 5 658 million KGS.
Of the total number of guarantees in agriculture, for instance, 925 were provided, 74 – in processing sector, 114 – in manufacturing.
If we consider a regional context, then entrepreneurs in Issyk-Kul region received 546 guarantees, Naryn -210, Chui – 189, Osh -138, Jalal-Abad – 94, Batken – 78, Talas – 47, Osh city – 49, Bishkek -251.
Due to guarantee support of entrepreneurs, a total of 2413 new jobs were created in the republic, 10 462 existing jobs were supported.