A COOPERATION AGREEMENT SIGNED BETWEEN OJSC “GUARANTEE FUND” AND OJSC “KYRGYZKOMMERTSBANK”

On December 29, Chairman of the Board of OJSC “Guarantee Fund” Malik Abakirov and Chairman of the Board of OJSC “Kyrgyzkommertsbank” Mirveta Voince signed a cooperation agreement.

In his welcoming speech, Malik Abakirov expressed gratitude to the management of OJSC “Kyrgyzkommertsbank” for their interest in cooperation with the Guarantee Fund and participation in financing small and medium-sized businesses under guarantees.

“The need for guarantees is growing, and we, for our part, are ready to make every effort to support small and medium-sized businesses in the country, using all the resources available to us”, said Malik Abakirov.

In turn, Mirveta Voince, Chairman of the Board of OJSC “Kyrgyzkommertsbank”, noted that today the Guarantee Fund is a stable, profitable financial structure. OJSC “Kyrgyzkommertsbank” is glad to have a new partnership and hopes for mutually beneficial cooperation.

“We are ready to provide the small and medium-sized business sector with credit resources under the guarantees of the fund”, said Mirveta Voince, Chairman of the Board of OJSC “Kyrgyzkommertsbank”.

Thanks to cooperation with banks, as of December 29, 2021, the volume of loans issued by partner banks of OJSC “GF” amounted to about 12 billion soms.

The number of guarantees approved by OJSC “GF” amounted to more than 2,400 in the amount of about 3.5 billion soms, 84% of which were provided to small and medium-sized enterprises representing the regions of the country.

To date, the number of partner banks of OJSC “Guarantee Fund” to support entrepreneurs after the conclusion of an agreement with OJSC “Kyrgyzkommertsbank” has reached nineteen, as well as the Russian-Kyrgyz Development Fund, with which a cooperation agreement has been signed.

 

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