The volume of loans issued under the guarantees of OJSC “Guarantee Fund” exceeded the mark of 11 billion soms

As of October 31, 2021, the volume of loans issued by partner banks of OJSC “Guarantee Fund” exceeded the 11 billion mark, reaching 11,042 billion soms.

The number of guarantees approved by OJSC “Guarantee Fund” amounted to 2,290 in the amount of 3,193 billion soms, 84% of which were provided to small and medium-sized enterprises representing the regions of the country.

Since the beginning of this year, 615 guarantees have been approved in the amount of 911.6 million soms, under which partner banks have issued loans in the amount of 3,157 billion soms.

We note that the indicators for the number and volume of guarantees provided and loans issued as of today for the support provided to entrepreneurs exceed the indicators for the entire 2020.

Last year, OJSC Guarantee Fund supported the country’s small and medium-sized enterprises by providing guarantees in the amount of 799.1 million soms for the provision of loans in the amount of 2.9 billion soms.