ОАО «ГФ» С НАЧАЛА ГОДА ВЫДАЛО ГАРАНТИЙ НА СУММУ 389,8 МЛН. СОМОВ

Business Support Tool.

As of July 4, 2019, GF approved 887 guarantees for a total amount of KGS 1.144 billion. Under the guarantee of the Fund, partner banks approved loans to entrepreneurs in the amount of 3.916 billion KGS.

Since the beginning of this year, 231 guarantees have been approved in the amount of 389.8 million KGS. The amount of bank loans amounted to 1.164 billion KGS.

Reminding that the priority areas for providing guarantees are: agriculture and processing of agricultural products; sewing and textile industries; export-oriented and import-substituting enterprises; tourism and other industries.

The interaction procedure of the “Guarantee Fund”, the partner bank and the entrepreneur (in case of insufficient collateral) is as follows:

The entrepreneur contacts one of the partner banks of the Guarantee Fund.

After evaluating and approving the application, the bank, together with the entrepreneur, applies for a guarantee to the Guarantee Fund.

The Guarantee Fund evaluates the project and makes a decision.

The guarantee fee is paid once and ranges from 2 (priority sectors) to 2.5%.