OJSC “GF” ISSUES NOT ONLY GUARANTEES AND CONDUCTS CONSULTATIONS BUT IMPLEMENTS STRATEGIC PROGRAMS
- Posted by: test
- Category: Digest
As at 12 December 2018 OJSC “GF” approved 646 guarantees for a total amount of KGS 728.3 million. Under guarantees of OJSC “GF” partner banks approved loans in the amount of KGS 2.64 billion.
From the beginning of this year, as of December 12, 409 guarantees were approved in the amount of KGS 480.1 million. Partner banks approved loans to entrepreneurs in the amount of KGS 1.668 billion.
In addition to issuing guarantees, GF provides consulting and information services; holds training seminars on financial literacy, including for women entrepreneurs and seminars for bank employees on mechanisms for providing guarantees.
OJSC “Guarantee Fund” implements the program “One region – one enterprise” in the regions, aiming at the creation of new enterprises or new directions in existing industries. 27 projects are already approved, including export-oriented ones.
The Fund has also developed and is implementing a program on the restoration of agricultural engineering (tractor) together with LLC “DOS TJM”.