May guarantees began their countdown. As of May 6, 2019, OJSC “GF” approved 803 guarantees in the amount of KGS 983 million. In total, small and medium-sized enterprises (SMEs) received guaranteed loans from partner banks in the amount of KGS 3.415 billion.
From the beginning of the current year, 147 guarantees were approved in the amount of KGS 228 million. The guaranteed loans amounted to KGS 663.4 million.
SMEs promotion by OJSC “Guarantee Fund” through financial guarantees, has an effective influence on their position and serves as an impetus for further development and increasing volumes.
The support for enterprises from the OJSC “GF” is not limited to the issuance of guarantees. Other important areas of activity include participation in the financial management of enterprises, the consulting services, the development of business plans, and seminars on the conditions and mechanisms for obtaining guarantees for regional entrepreneurs and employees of branches of commercial partner banks.