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  • OJSC “Guarantee Fund” issued the first guarantees within the framework of cooperation with OJSC “Keremet Bank”

    OJSC “Guarantee Fund” issued the first guarantees within the framework of cooperation with OJSC “Keremet Bank”

    Less than a month has passed since the signing of a cooperation agreement between OJSC “Guarantee Fund” and OJSC “Keremet Bank”, and we can already witness the results. On September 21, 2020, OJSC “Guarantee Fund” issued the first two guarantees to ensure that individual entrepreneurs receive large loan amounts to replenish working capital.

    The entrepreneur, who has received the support from OJSC “Guarantee Fund”, has been engaged in wholesale and retail sales of household goods and tableware for almost ten years.

    To date, within the framework of cooperation between OJSC “Guarantee Fund” and OJSC “Keremet Bank”, two more projects have been approved, a number of guarantee applications are under consideration.

    Let us remind you that OJSC “Keremet Bank” became the thirteenth partner bank of OJSC “Guarantee Fund” in providing support to SMEs.