FATE OF REGIONS IS IN THE HAND OF ENTREPRENEURS
- Posted by: test
- Category: Digest
In the Year of Regional Development OJSC “GF” contributes to providing employment, reducing migration flows, and developing local economies by issuing guarantees to entrepreneurs, including from cities – points of growth.
As at 13 December 2018 OJSC “GF” approved 647 guarantees for a total amount of KGS 729.4 million.
Partner banks approved loans for entrepreneurs in the amount of KGS 2.645 billion. From the beginning of the current year, OJSC “GF” approved 410 guarantees in the amount of KGS 481.3 million. Under the guarantees of the Fund, partner banks approved loans in the amount of KGS 1.673 billion.
Partners are 11 commercial banks with numerous branches in all regions of the republic and the Russian-Kyrgyz Development Fund (RKDF).
We would like to remind that the priority areas for providing guarantees are: the production of various types of products; agriculture and processing of agricultural products; sewing and textile industries; export-oriented and import-substituting enterprises; tourism and other industries.