WE HAVE ISSUED 900 GUARANTEES!
- Posted by: test
- Category: Digest
Support for entrepreneurs.
As of July 12, 2019, GF approved 900 guarantees for a total amount of 1.164 billion KGS. Partner banks approved loans in the amount of 3.975 billion KGS.
The amount of issued guarantees since the beginning of 2019 exceeded 400 million (!) And amounted to 409.2 million KGS. A total of 378 guarantees were issued. Under the guarantee of the fund, partner banks approved loans to entrepreneurs in the amount of 1.222 billion KGS.
In order to expand the reach of regional entrepreneurs, GF in 2018 received twice a loan from RKDF 100 million KGS each. The first was successfully disbursed in the same year. The second is disbursed in 2019. As of July 12, 54 guarantees were issued to customers of the RKDF in the amount of 101 million KGS. Recently, a loan agreement has been signed between GF and RKDF to receive a third 100-million loan, the funds of which will also be provided for to the regions.
President of the Kyrgyz Republic Sooronbai Jeenbekov once said: “We must and will help entrepreneurs raising regions, making a significant contribution to the development of the country’s economy. This is our state policy.”
OJSC “GF” is the conductor of this policy, providing assistance to entrepreneurs of all regions in access to financial resources. As the statistics of the Fund’s activity show, assistance is characterized by a dynamic growth of indicators.