Deposit auction!
Deposit auction!
OJSC “Guarantee Fund” informs that on September 17, 2020, a deposit auction will be held as part of the implementation of the program “Increasing access for SMEs to financing in order to mitigate the consequences of coronavirus infection COVID-19”, with the following parameters:
Auction method: Multiple bid method.
Auction date: September 17, 2020.
Auction code: AD 2001.
The volume of deposit resources: 1,000,000,000 (One billion) KGS.
The maximum nominal loan interest rate for the ultimate beneficiary: 10% (Ten) percent per annum.
Minimum volume of one application: 20,000,000 (twenty million) KGS.
Maximum volume of one application: 300,000,000 (Three hundred million) KGS.
The limit for placing funds in one commercial bank, taking into account previously opened deposits: 640,000,000 (Six hundred and forty million) KGS.
Additional information on holding a deposit auction is published on the official website of the Guarantee Fund www.gf.kg (Loan Organizations/Deposit Auction).
