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  • OJSC “Guarantee Fund” (OJSC “GF”) provides support for small and medium sized enterprises by issuing guarantees in case of insufficient collateral. As at 17 July 2018, OJSC “GF” approved 500 guarantees amounting to KGS 497 million for SMEs. Volume of loans approved by partner banks constituted KGS 1.81 billion.

    It should be noted, that for 2017, OJSC “GF” approved 234 guarantees amounting to KGS 246 million. For 7.5 months of 2018, the Fund approved 263 guarantees in the amount of KGS 249 million, that exceeds annual indicator both by number and amount. It shows the efficiency of the activities of OJSC “GF”. Since the start of 2018, partner banks approved loans under guarantees of OJSC “GF” in the amount of KGS 838 million.

    As at 17 July 2018, OJSC “GF” disbursed 60% of the RKDF loan obtained on May, 2018 (35 guarantees amounting to KGS 60 million were approved)

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