OJSC “Guarantee Fund” and CJSC “Demir Kyrgyz International Bank” concluded cooperation agreement

On April 17, 2017 OJSC “Guarantee Fund” and CJSC “Demir Kyrgyz International Bank” concluded cooperation agreement.

For OJSC “Guarantee Fund” it is the 7th cooperation agreement with banks. OJSC “Guarantee Fund” in cooperation with banks will assist SMEs of the Kyrgyz Republic in obtaining loans in case of insufficient collateral.

Cooperation between OJSC “Guarantee Fund” and CJSC “Demir Kyrgyz International Bank” opens up new loan market prospects considering extensive branch network of the partner bank and increases access to finance for SMEs and further priority economic sectors development.

To date, OJSC “Guarantee Fund”, in accordance with established aims, actively operates, realizes its objectives given by the Government of the Kyrgyz Republic and carries out its activities throughout the Kyrgyz Republic.

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Seven partner banks of OJSC “Guarantee Fund” have 172 branches on the territory of the Kyrgyz Republic, that contributes to providing assistance to entrepreneurs of the country.