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  • Guarantees for business.

    The year 2019 is about to end, since 11 months of it have passed. OJSC “Guarantee Fund” has done a good job of providing guarantees to support entrepreneurs. From the inception of activities of the fund, and as of December 4, 1350 guarantees were issued for a total amount of 1.516 billion KGS. Partner banks, under the guarantees of OJSC “Guarantee Fund”, issued loans in amount of over 5 billion KGS to entrepreneurs.

    Let’s take a look at the statistics on the issuance of guarantees in regional context, then for instance, entrepreneurs of Batken region received 73 guarantees, of Jalal-Abad – 90, of Naryn – 204, of Osh – 111, of Talas – 44, of Chui – 175, of Issyk-Kul region (loans on milk producers included) – 363 guarantees.

    The total amount of guarantees in Naryn region amounted to 77 million KGS (loan amount – 201.5 million), Issyk-Kul – 139.3 (loan amount – 387.3 million), Osh – 142.2 million (loan amount – 453.4 million), Chui – 296.6 million (loan amount – 918 million) KGS.

    In context of industry, the picture is as follows:

    • Agriculture – 712,
    • Agricultural product processing – 72,
    • Industry – 108,
    • Transport – 88,
    • Tourism – 58,
    • Construction – 11 guarantees, etc.

     

    At the same time, the amount of guarantees provided to agriculture amounted to 282 million KGS (loan amount – 739.4 million), agricultural product processing – 280.2 million (loan amount – 1.036 million), manufacturing – 287.1 million (loan amount – 979 million) KGS.